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American society in recent years has been imitating behavior patterns that have produced negative - and sometimes catastrophic - consequences in many other countries around the world.
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Years
Negative
Catastrophic
World
Behavior
Imitating
Society
Recent
American
Produced
Around
Consequences
Country
Patterns
Many
Consequence
Sometimes
Countries
More quotes by Thomas Sowell
Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investments without having to fear unpredictable new government interventions before these investments can pay off.
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One of the painful signs of years of dumbed-down education is how many people are unable to make a coherent argument. They can vent their emotions, question other people's motives, make bold assertions, repeat slogans-- anything except reason.
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Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
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...Politics is not about facts. It is about what politicians can get people to believe.
Thomas Sowell
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
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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.
Thomas Sowell
An inmate in a Florida prison wrote to agree with me on the availability of guns, saying that a 'criminal can and will get a stolen gun faster than you can get your car washed.' He also points out that many criminals prefer guns gotten illegally, since they will be harder to trace.
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Economics is concerned with what emerges, not what anyone intended.
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It doesnt matter what you do if you dont do what matters. If you do what matters it doesnt matter what you do.
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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.
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Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy. Arrogance is no substitute for experience. That is why the country is in the mess it is in now.
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Government's power to bully people who have broken no law is dangerous to all of us.
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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 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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If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today.
Thomas Sowell
Too many people - some of them judges - seem to think that freedom of speech means freedom from consequences for what you have said. If you believe that, try insulting your boss when you go to work tomorrow. Better yet, try insulting your spouse before going to bed tonight.
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Each day, as I take various pills, I realize that without those pills I might not be alive -- and, if I were, life would not be worth living. Yet those who produce these medications are under constant attack from people who produce nothing.
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Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.
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There are 3 questions that would destroy most of the arguments of the Left. The first is - compared to what? The second is - at what cost? And the third is - what hard evidence do you have?
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You do not need proof for what people want to believe.
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