A Quote by Thomas Sowell

What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.

Thomas Sowell

Quote Topics

Defined Economic Government Government Officials Officials Other People Planning Plans Politically

Quote Author

Thomas Sowell
American - Economist
Born: June 30, 1930

Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.

Walter E. Williams

Government central planning means over-riding other people's plans.

Thomas Sowell

The only way people can repay the debt is by cutting their living standards very drastically. It means agreeing to shift their pension plans from defined benefit plans - when you know what you're going to get - into just "defined contribution plans," where you put money in, like into a roach motel, and you don't know what's coming out.

Michael Hudson

The Menzies Government, by its participation in the plans for the development of other nations, can see the virtue of planning for them but apparently cannot see the virtue of a plan for Australia.

Lionel Murphy

When caring for your neighbor becomes a compulsory obligation imposed by government instead of voluntary, charity turns to confiscation and freedom to achieve to involuntary servitude. To liberals, compassion seems to be defined by how many people are dependent on the government; to conservatives, it's defined by how many people no longer need help. One promotes dependence, the other freedom, responsibility and achievement.

Star Parker

Politically, China suppresses its people, but because the government allows some freedom in economic matters, business has become the ultimate expression of individuality.

Li Lu

I really think that elected officials should be focused on how you create sustained economic growth, how do you create jobs and all of these issues that made people - segments of our society believe are really important are diversions politically.

Jeb Bush

I advocate family planning, but I have never stood for forcible sterilisation.

Sanjay Gandhi

Official opposition to overall economic planning and planning controls has been characterized in a recent editorial as "Papa knows best." But it is precisely because Papa does not know best that I believe that Government should not presume to tell any businessman or industrialist what he should or should not do, far less what he may or not do; and no matter how it may be dressed up that is what planning is.

John James Cowperthwaite

The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.

Milton Friedman

The real question of government versus private enterprise is argued on too philosophical and abstract a basis. Theoretically, planning may be good. But nobody has ever figured out the cause of government stupidity—and until they do (and find the cure), all ideal plans will fall into quicksand.

Richard P. Feynman

The problem with Salafis is that they are religiously sincere and politically naïve. And they allow themselves to be supported by people who have no religious sincerity but who are politically very smart, especially when it comes to their economic interests.

Tariq Ramadan

I view the relationship with Canada as a vital relationship for the United States. The relationship, of course, is defined government-to-government. It's also defined people-to-people, and there's a lot of people in my country who respect Canada and have great relations with Canadians, and we intend to keep it that way.

George W. Bush

You said, 'Planning is something for communist countries; democracy and planning don't go together!' But, with all the errors we committed, our plans succeeded.

Indira Gandhi

Under fascism, citizens retain the responsibilities of owning property, without freedom to act and without any of the advantages of ownership. Under socialism, government officials acquire all the advantages of ownership, without any of the responsibilities, since they do not hold title to the property, but merely the right to use it -- at least until the next purge. In either case, the government officials hold the economic, political and legal power of life or death over the citizens.

Ayn Rand

I don't plan, because everything goes against my plans anyways. There's absolutely no point in planning anything. I'm just enjoying the moment. I'm meeting with a whole lot of people - casting directors, directors, agents. I have things going on everywhere, but I have no solid plans.

Tena Desae

A Quote by Thomas Sowell

Quote Topics

Quote Author

Related Quotes

Related Authors