Top 611 Quotes & Sayings by Thomas Sowell - Page 8

Explore popular quotes and sayings by an American economist Thomas Sowell.
Last updated on April 22, 2025.
Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience.
The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.
Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is. — © Thomas Sowell
Ego trips by coteries of self-exalting people are treated in the media as idealism, rather than the petty tyranny it is.
In medicine, it has long been recognized that even a quack remedy that is harmless in itself can be fatal when it substitutes for an effective medication or treatment. The time is overdue for that same recognition to apply to politics.
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.
We're not a socialist country, because the socialists believe in government ownership in the means of production, but the fascists believe that the government should have private ownership and the politicians should tell people how to run the businesses. So that's the route we seem to be going.
The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that the left has spawned. That the black family, which survived centuries of slavery and generations of discrimination, has disintegrated in the wake of the liberal welfare states is only one example.
Tolerating imperfections is the price of freedom.
Why the transfer of decisions from those with personal experience and a stake in the outcome to those with neither can be expected to lead to better decisions is a question seldom asked, much less answered.
Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.
Sports are the reason I am out of shape. I watch them all on TV.
People who believe in 'universal health care' show remarkably little interest - usually none - in finding out what that phrase turns out to mean in practice, in those countries where it already exists, such as Britain, Sweden or Canada. For one thing, 'universal health care' in these countries means months of waiting for surgery that Americans get in a matter of weeks or even days.
In politics, throwing the taxpayers' money at disasters is supposed to show your compassion. But robbing Peter to pay Paul is not compassion. It is politics.
Like other magicians, Obama has chosen his distractions well. The insurance industry is currently his favorite distraction as scapegoats, after he has tried to demonize doctors without much success . . . . Obama even gets away with saying things like having a system to 'keep insurance companies honest' - and many people may not see the painful irony in politicians trying to keep other people honest.
All justice is inherently social. Can someone on a desert island be either just or unjust?
An e-mail from a reader says that liberals like to take the moral high ground, even though their own moral relativism means that there is no moral high ground. — © Thomas Sowell
An e-mail from a reader says that liberals like to take the moral high ground, even though their own moral relativism means that there is no moral high ground.
In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.
To say the Constitution is living is to say that it's dead.
We don‘t have faith that #freedom works. We have evidence.
In the political language of today, people who want to keep what they have earned are said to be greedy, while those who wish to take their earnings from them and give it to others (who will vote for them in return) show compassion.
One of the big differences between Democrats and Republicans is that we at least know what the Democrats stand for, whether we agree with it or not. But, for Republicans, we have to guess
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.
What 'eminent domain' laws mean in practice is that politicians have a right to seize your property and turn it over to someone else, in order to gain campaign contributions and win votes.
Life does not ask what we want. It presents us with options
The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.
One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.
As far as party primaries are concerned, both Republican - and Democratic - Party primaries are dominated by the most zealous voters, whose views may not reflect the views of most members of their own respective parties, much less the views of those who are going to vote in the November general election.
Apparently almost anyone can do a better job of educating children than our so-called 'educators' in the public schools. Children who are home-schooled by their parents also score higher on tests than children educated in the public schools. ... Successful education shows what is possible, whether in charter schools, private schools, military schools or home-schooling. The challenge is to provide more escape hatches from failing public schools, not only to help those students who escape, but also to force these institutions to get their act together before losing more students and jobs.
Right after liberal Democrats, the most dangerous politicians are country club Republicans.
If the truth is boring, civilization is irksome. The constraints inherent in civilized living are frustrating in innumerable ways. Yet those with the vision of the anointed often see these constraints as only arbitrary impositions, things from which they-and we all-can be 'liberated.' The social disintegration which has followed in the wake of such liberation has seldom provoked any serious reconsideration of the whole set of assumptions-the vision-which led to such disasters. That vision is too well insulated from feedback.
What does 'economic justice' mean, except that you want something that someone else produced, without having to produce anything yourself in return?
Another way of verbally masking elite preemption of other people's decisions is to use the word 'ask'-as in 'We are just asking everyone to pay their fair share.' But of course governments do not ask, they: tell. The Internal Revenue Service does not 'ask' for contributions. It takes.
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.
The real culprits are those who created a system that makes it dangerous to work and safe to loaf.
Against the background of the Obama administration' s negotiating what can turn out to be the most catastrophic international agreement in the nation's history, to complain about protocol is to put questions of etiquette above questions of annihilation.
As a rule of thumb. Congressional legislation that is bipartisan is usually twice as bad as legislation that is partisan.
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.
However little president Obama knows or cares about economics, he knows a lot about politics - and especially political rhetoric. 'High-speed rail' is simply another set of loft words to justify continued expansion of government spending. So are words like 'investment in education' or 'investment' in any number of other things, which serves the same political purpose.
If politicians stopped meddling with things they don't understand, there would be a more drastic reduction in the size of government than anyone in either party advocates.
We should listen first and foremost to our own experience We should stop looking for saviors.Society has not existed for thousands of years because it had a succession of saviors. It's existed because it has institutions and processes through which people can realize their own goals.
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected. — © Thomas Sowell
American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
Many of the products which create a modern standard of living are only the physical incorporations of ideas- not only the ideas of an Edison or a Ford but the ideas of innumerable anonymous people who figure out the design of supermarkets, the location of gasoline stations, and the million mundane things on which our material well-being depends. Societies which have more people carrying out physical acts and fewer people supplying ideas do not have higher standards of living. Quite the contrary.
If we become a people who are willing to give up our money and our freedom in exchange for rhetoric and promises, then nothing can save us.
All that makes earlier times seem simpler is our ignorance of their complexities.
People in the political world have every incentive to say things that lead voters away from a clear economic understanding of issues. What has happened more and more is that organized groups have more and more reasons to say things that don't make any economic sense.
There is no bigger waste of time than doing 90% of what is necessary.
Egalitarians create the most dangerous inequality of all - inequality of power. Allowing politicians to determine what all other human beings will be allowed to earn is one of the most reckless gambles imaginable. Like the income tax, it may start off being applied only to the rich but it will inevitably reach us all.
What all these lofty and vague phrases boil down to is that the court can impose things that the voters don't want and the Constitution does not require, but which are in vogue in circles to which the court responds.
Clearly, only very unequal intellectual and moral standing could justify having equality imposed, whether the people want it or not, as Dworkin suggests, and only very unequal power would make it possible.
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.
Benedict Arnold was a war hero, wounded in battle--before he turned against his country. Hitler was likewise a decorated and wounded veteran of the First World War. Being a war hero is not a lifetime...exempt[ion]...from responsibility for what you do thereafter.
However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free. — © Thomas Sowell
However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free.
One of the most ridiculous defenses of foreign aid is that it is a very small part of our national income. If the average American set fire to a five-dollar bill, it would be an even smaller percentage of his annual income. But everyone would consider him foolish for doing it.
What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.
No individual and no generation has had enough personal experience to ignore the vast experience of the human race that is called history. Yet most of our schools and colleges today pay little attention to history. And many of our current policies repeat mistakes that were made, time and again, in the past with disastrous results.
One of the painfully sobering realizations that come from reading history is the utter incompetence that is possible among leaders of whole nations and empires - and the blind faith that such leaders can nevertheless inspire among the people who are enthralled by their words or their posturing.
Pedestrians never seem to realize that they are a threat to the safety of cars.
Out of every hundred new ideas ninety-nine or more will probably be inferior to the traditional responses which they propose to replace. No one man, however brilliant or well-informed, can come in one lifetime to such fullness of understanding as to safely judge and dismiss the customs or institutions of his society, for those are the wisdom of generations after centuries of experiment in the laboratory of history.
Sellers in general maintain the quality of their products and services for fear of losing customers otherwise. But, when price controls create a situation where the amount demanded is greater than the amount supplied - a shortage - fear of losing customers is no longer as strong an incentive. For example, landlords typically reduce painting and repairs when there is rent control, because there is no need to fear vacancies when there are more tenants looking for apartments than there are apartments available.
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'.
This site uses cookies to ensure you get the best experience. More info...
Got it!