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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
Chips
Stop
Government
Like
Potato
Potatoes
More quotes by Thomas Sowell
The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.
Thomas Sowell
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
Thomas Sowell
All justice is inherently social. Can someone on a desert island be either just or unjust?
Thomas Sowell
The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.
Thomas Sowell
You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.
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Before the Iraq war I was quite disturbed by some of the neoconservatives, who were saying things like, What is the point of being a superpower if you can't do such-and-such, take on these responsibilities? The point of being a superpower is that people will leave you alone.
Thomas Sowell
The talkers and writers resent being left on the sidelines by the doers.
Thomas Sowell
You may have the right to live anyway you like, but you don't have a right to have other people like it. Respect it or pay for it.
Thomas Sowell
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.
Thomas Sowell
The key fallacy of so called gun control laws is that such laws do not in fact control guns. They simply disarm law abiding citizens, while people bent on violence find firearms readily available.
Thomas Sowell
More than half of all people filing income tax forms use someone else to prepare the forms for them. Then they have to sign under penalty of perjury that these forms are correct. But if they were competent to determine that, why would they have to pay someone else to do their taxes for them in the first place?
Thomas Sowell
Sports are the reason I am out of shape. I watch them all on TV.
Thomas Sowell
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.
Thomas Sowell
One undeniable accomplishment of Bill Clinton's presidency was that it kept Jimmy Carter from being the worst U.S. president in history.
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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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When you start off by telling those who disagree with you that they are not merely in error but in sin, how much of a dialogue do you expect?
Thomas Sowell
Economics is concerned with what emerges, not what anyone intended.
Thomas Sowell
The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.
Thomas Sowell
Life has many good things. The problem is that most of these good things can be gotten only by sacrificing other good things. We all recognize this in our daily lives. It is only in politics that this simple, common sense fact is routinely ignored.
Thomas Sowell
The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but at MIT this puts them in the bottom ten percent of the class.
Thomas Sowell