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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
Government
Like
Potato
Potatoes
Chips
Stop
More quotes by Thomas Sowell
The first rule of economics is that there is an infinite number of desires chasing a finite number of goods, services and resources. The first rule of politics is to ignore the first rule of economics.
Thomas Sowell
You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.
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Compassion is the use of public funds to buy votes
Thomas Sowell
If politicians were serious about day care for children, instead of just sloganizing about it, nothing they could do would improve the quality of child care more than by lifting the heavy burden of taxation that forces so many families to have both parents working.
Thomas Sowell
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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Organizational progress parallels that in science and technology, permitting ultimate simplicity through intermediate complexity.
Thomas Sowell
Whenever someone refers to me as someone who happens to be black, I wonder if they realize that both my parents are black. If I had turned out to be Scandinavian or Chinese, people would have wondered what was going on.
Thomas Sowell
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.
Thomas Sowell
Some full professors could more accurately be described as empty professors.
Thomas Sowell
Too often the past has been twisted to fit the visions and agendas of the present.
Thomas Sowell
You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.
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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.
Thomas Sowell
Study after study, not only here but in other countries, show that the most affordable housing is where there has been the least government interference with the market - contrary to rhetoric.
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The anointed don't like to talk about painful trade-offs. They like to talk about happy solutionsthat get rid of the whole problem- at least in their imagination.
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How much more of an injustice is it that people who work get more money than people who don't work?
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There are few things more dishonorable than misleading the young.
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The idea that money is corrupting innocent politicians would be laughable if it did not lead to such dangerous legislation.
Thomas Sowell
If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves
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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.
Thomas Sowell
The reason so many problems do not get solved in Washington is that solving those problems is not the No. 1 priority: Re-election is.
Thomas Sowell