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There is no bigger waste of time than doing 90% of what is necessary.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Waste
Bigger
Necessary
Time
More quotes by Thomas Sowell
Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is.
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There are few things more dishonorable than misleading the young.
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If we become a people who are willing to give up our money and our freedom in exchange for rhetoric and promises, then nothing can save us.
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There are only two ways of telling the complete truth - anonymously and posthumously.
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If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.
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People who have never run even a modest little business assert with great certainty and indignation that heads of multinational corporations are paid much more than they are worth. People who know nothing about medicine and nothing about economics unhesi.
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What makes it possible for politicians to do so many things that are economically counterproductive is that neither the public nor the media know enough of the basics to understand what's wrong with what they're saying.
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Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
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Rhetoric is no substitute for reality.
Thomas Sowell
'Fair' is one of the most dangerous concepts in politics. Since no two people are likely to agree on what is 'fair,' this means that there must be some third party with power - the government - to impose its will. The road to despotism is paved with 'fairness'.
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Most people who read The Communist Manifesto probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of the workers. Thomas Sowell .
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The Constitution cannot protect us unless we protect the Constitution.
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The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.
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Most of the founders of this country had day jobs for years. They were not career politicians. ... We need leaders with experience in the real world, not experience in the phony world of politics.
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As long as human beings are imperfect, there will always be arguments for extending the power of government to deal with these imperfections. The only logical stopping place is totalitarianism -- unless we realize that tolerating imperfections is the price of freedom.
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The same set of statistics can produce opposite conclusions at different levels of aggregation.
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Let's face it, most of us are not half as smart as we may sometimes think we are-- and for intellectuals, not one-tenth as smart.
Thomas Sowell
How long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?
Thomas Sowell
The political left has been weak on protecting society from criminals for more than two centuries.
Thomas Sowell
Liberals are very broadminded: they are always willing to give careful consideration to both sides of the same side
Thomas Sowell