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Government bailouts are like potato chips: You can't stop with just one.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Potato
Potatoes
Chips
Stop
Government
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You cannot take any people, of any color, and exempt them from the requirements of civilization - including work, behavioral standards, personal responsibility, and all the other basic things that the clever intelligentsia disdain - without ruinous consequences to them and to society at large.
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Do countries with strong gun control laws have lower murder rates? Only if you cherry-pick the data.
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It doesn't matter how smart you are unless you stop and think.
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Social Engineering - The art of replacing what works with what sounds good.
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Whenever people talk glibly of a need to achieve educational excellence, I think of what an improvement it would be if our public schools could just achieve mediocrity.
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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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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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What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.
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Too many policies, programs and institutions are judged by what they are supposed to do, rather than by what they actually do and the consequences of their actions.
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When we hear about rent control or gun control, we may think about rent or guns but the word that really matters is 'control.' That is what the political left is all about, as you can see by the incessant creation of new restrictions in places where they are strongly entrenched in power, such as San Francisco or New York.
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People have a vested interest in promoting one set of polices rather than finding out what the truth is.
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A passionate commitment to social justice is no substitute for knowing what the hell you're talking about.
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Even when black youth gangs target white strangers on the streets and spew out racial hatred as they batter them and rob them, mayors, police chiefs and the media tiptoe around their racism and many in the media either don't cover these stories or leave out the race and racism involved.
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In the long run, the greatest weapon of mass destruction is stupidity.
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'Global warming' is just the latest in a long line of hysterical crusades to which we seem to be increasingly susceptible.
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How long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?
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The minimum wage law very cleverly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer.
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Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.
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The curse of the intelligentsia is their ability to rationalize and re-define. Ordinary people, lacking that gift, are forced to face reality.
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The reason so many people misunderstand so many issues is not that these issues are so complex, but that people do not want a factual or analytical explanation that leaves them emotionally unsatisfied. They want villains to hate and heroes to cheer - and they don't want explanations that do not give them that.
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