A Quote by Thomas Sowell

Prices impose the most effective kind of rationing - self-rationing. Why is rationing necessary? Because what everybody wants always adds up to more than there is. . .Resources are limited but desires are not. That is the basic and defining problem of economics.

Thomas Sowell

Quote Topics

Adds Always Basic Because Defining Desires Economics Effective Everybody Impose Kind Limited More Most Necessary Prices Problem Rationing Resources Self Than Up Wants Why

Quote Author

Thomas Sowell
American - Economist
Born: June 30, 1930

What we are beginning to witness is a whole new set of rules for economics, based on rationing resources.

John Prescott

[Professional politicians] don't mind if price controls cause shortages of health care. In fact, they welcome the prospect, because then they can impose rationing; they can impose priorities, and tell everyone how much of what kind of medical care they can have. And besides, ... there's that deeply satisfying rush of power.

Murray Rothbard

Earth is abundant with plentiful resources. Our practice of rationing resources through monetary control is no longer relevant and is counter-productive to our survival.

Jacque Fresco

Well, maybe not death panels, exactly, but unless we start allocating health-care resources more prudently – rationing, by its proper name – the exploding cost of Medicare will swamp the federal budget.

Steven Rattner

Not a single Mainer should be rationing their medication or avoiding a trip to the doctor because they aren't sure what it will end up costing.

Sara Gideon

I don't like Communism because it hands out wealth through rationing books.

Omar Torrijos Herrera

Reversing the escalation of health care costs is going to need more than legislation, yet it can be done without imposing rationing, as critics of reform fear.

Mitch Kapor

Unlike the American President's chronic problem of finding ways to give away the country's permanent economic surplus, Soviet Premier Nikita Khrushchev's was the problem of rationing permanent scarcity.

Elie Abel

I was born during the war and grew up in a time of rationing. We didn't have anything. It's influenced the way I look at the world.

Vivienne Westwood

I remember candy rationing until I was, like, 7.

Tim Curry

In Canada the cancer death rate is 16% higher than in the U.S. because of rationing of medical care. It takes an eight week wait to get radiation therapy for cancer.

Dick Morris

We all know what happens with socialized medicine: rationing and stagnant care.

Lisa Kennedy Montgomery

It is my passionate belief that we can all have better health care through rationing.

Richard Lamm

Do I think that the ACA is going to force rationing upon the American people? Yes.

Paul LePage

I'm a war baby: I was brought up with rationing, and my parents always had to struggle. I remember when I was sent to boarding school - Prior Park College in Bath - my father was asked how he was going to pay the fees, and he replied: 'In arrears.'

Cameron Mackintosh

Since scarcity is the basic economic problem, if it does not exist then there is no reason for my economics course. Devoting time to the study of how people use limited resources to fulfill unlimited wants and needs should help us to discover how to best utilize the resources we have at our disposal.

Kurt Bills

A Quote by Thomas Sowell

Quote Topics

Quote Author

Related Quotes

Related Authors