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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
Live
Take
Life
Chances
Chance
Freedom
America

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Riskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters that followed. Political rhetoric, echoed in the media, seeks to obscure that painfully plain fact.
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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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Welfare states on both sides of the Atlantic have discovered that largesse to losers does not reduce their hostility to society, but only increases it. Far from producing gratitude, generosity is seen as an admission of guilt, and the reparations as inadequate compensations for injustices - leading to worsening behavior by the recipients.
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The principles applied in economic processes are general social principles.
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What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture.
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The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that is causing such hysteria, we have only a movie made by a politician and mathematical models whose results change drastically when you change a few of the arbitrarily selected variables.
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Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.
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Some of the people on death row today might not be there if the courts had not been so lenient on them when they were first offenders.
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Some full professors could more accurately be described as empty professors.
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Barack Obama has not only said that he is out to 'change the United States of America,' the people he has been associated with for years have expressed in words and deeds their hostility to the values, the principles and the people of this country.
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Hilary Clinton said you know, it takes a village to raise a child and somebody said it takes a village idiot to believe that … it is part of the whole thing of third parties wanting to make decisions for which they pay no price for when they’re wrong.
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Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
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Ideas are everywhere, but knowledge is rare.
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The political mirage of something for nothing, from leaders who 'care,' has ruined many a nation.
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Those who cry out that the government should 'do something' never even ask for data on what has actually happened when the government did something, compared to what actually happened when the government did nothing.
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One of the reasons for conspiracy theories is an assumption that people in high places always know what they are doing. When they do something that makes no sense, devious reasons are imagined by conspiracy theorists, when in fact it may be due to plain old ignorance and incompetence.
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If facts, logic, and scientific procedures are all just arbitrarily socially constructed notions, then all that is left is consensus--more specifically peer consensus, the kind of consensus that matters to adolescents or to many among the intelligentsia.
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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.
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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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Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
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