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The freedom of America is the freedom to live your own life and take your own chances.

Thomas Sowell

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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Chances
Chance
Freedom
America
Live
Take
Life

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What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.
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In a democracy, we have always had to worry about the ignorance of the uneducated. Today we have to worry about the ignorance of people with college degrees.
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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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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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Just what is it that academics have to fear if they stand up for common decency, instead of letting campus barbarians run amok?
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We enjoy freedom and the rule of law on which it depends, not because we deserve it, but because others before us put their lives on the line to defend it.
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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.
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What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
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Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can be too moral.
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Most people who read The Communist Manifesto probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of the workers. Thomas Sowell .
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