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The government does not have some magic wand that can 'bring down the cost of health care.' It can buy a smaller quantity or lower quality of medical care, as other countries with government-run medical care do.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Bring
Smaller
Quality
Quantity
Running
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Doe
Medical
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More quotes by Thomas Sowell
People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
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Compassion is the use of public funds to buy votes
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Too often what are called educated people are simply people who have been sheltered from reality for years in ivy-covered buildings. Those whose whole careers have been spent in ivy-covered buildings, insulated by tenure, can remain adolescents on into their golden retirement years.
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The great allure of government programs in general for many people is that these programs allow decisions to be made without having to worry about the constraints of prices, which confront people at every turn in a free market.
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The fashionable idiocy that haters must have justifications is one of those ideas that George Orwell said only an intellectual could believe -- because no one else could be such a fool.
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There is no bigger waste of time than doing 90% of what is necessary.
Thomas Sowell
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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The murder of a dozen innocent people is unquestionably a human tragedy. But that is no excuse for reacting blindly by preventing hundreds of thousands of other people from defending themselves against meeting the same fate.
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If the battle for civilization comes down to the wimps versus the barbarians, the barbarians are going to win.
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There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?
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The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices - paid by others.
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Few professors would dare to publish research or teach a course debunking the claims made in various ethnic, gender, or other 'studies' courses.
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People who pride themselves on their complexity and deride others for being simplistic should realize that the truth is often not very complicated. What gets complex is evading the truth.
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The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
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Don't you get tired of seeing so many non-conformists with the same non-conformist look?
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To say that 'wealth in America is so unfairly distributed in America,' as Ronald Dworkin does, is grossly misleading when most wealth in the United States is not distributed: at all. People create it, earn it, save it, and spend it.
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Sometimes it seems as if I have spent the first half of my life refusing to let white people define me and the second half refusing to let black people define me.
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Given that some social processes must convey inherent constraints, the choice is among various mixtures of persuasion, force, and cultural inducement. The less of one, the more of the others. The degree of freedom that is possible is therefore tied to the extent to which people respond to persuasion or inducement.
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We might have been better off if the question of Obama's patriotism had been raised before he was first elected. Never should we ignore so many red flag warnings again.
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There is usually only a limited amount of damage that can be done by dull or stupid people. For creating a truly monumental disaster, you need people with high IQs.
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