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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
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Just as any moron can destroy a priceless Ming vase, so the shallow and ill-educated people who run our schools can undermine and destroy from within a great civilization that took centuries of dedicated effort to create and maintain.
Thomas Sowell
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American society in recent years has been imitating behavior patterns that have produced negative - and sometimes catastrophic - consequences in many other countries around the world.
Thomas Sowell
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Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.
Thomas Sowell
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One undeniable accomplishment of Bill Clinton's presidency was that it kept Jimmy Carter from being the worst U.S. president in history.
Thomas Sowell
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In short, killing the goose that lays the golden egg is a viable political strategy, so long as the goose does not die before the next election and no one traces the politicians’ fingerprints on the murder weapon.
Thomas Sowell
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The vision of the anointed is one in which ills as poverty, irresponsible sex, and crime derive primarily from 'society,' rather than from individual choices and behavior. To believe in personal responsibility would be to destroy the whole special role of the anointed, whose vision casts them in the role of rescuers of people treated unfairly by 'society'.
Thomas Sowell
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Not only is patriotism disdained, the very basis for pride in one's country and culture is systematically undermined in our educational institutions at all levels. The achievements of western civilization are buried in histories that portray every human sin found here as if they were peculiarities of the west.
Thomas Sowell
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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.
Thomas Sowell
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All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
Thomas Sowell
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If politicians were serious about day care for children, instead of just sloganizing about it, nothing they could do would improve the quality of child care more than by lifting the heavy burden of taxation that forces so many families to have both parents working.
Thomas Sowell
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All that makes earlier times seem simpler is our ignorance of their complexities.
Thomas Sowell
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You cannot subsidize irresponsibility and expect people to become more responsible.
Thomas Sowell
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People who refuse to accept unpleasant truths have no right to complain about politicians who lie to them. What other kind of candidates would such people elect?
Thomas Sowell
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If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today.
Thomas Sowell
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What freedom does a starving man have?" The answer is that starvation is a tragic human condition- perhaps more tragic than loss of freedom. That does not prevent these from being two different things.
Thomas Sowell
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The welfare state has always been judged by its good intentions, rather than its bad results.
Thomas Sowell
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Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount—and, if it is not, that worker is unlikely to be employed.
Thomas Sowell
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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.
Thomas Sowell
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When you start off by telling those who disagree with you that they are not merely in error but in sin, how much of a dialogue do you expect?
Thomas Sowell
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Implicit in the activist conception of government is the assumption that you can take the good things in a complex system for granted, and just improve the things that are not so good. What is lacking in this conception is any sense that a society, an institution, or even a single human being, is an intricate system of fragile inter-relationships, whose complexities are little understood and easily destabilized.
Thomas Sowell
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Pedestrians never seem to realize that they are a threat to the safety of cars.
Thomas Sowell
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The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.
Thomas Sowell
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One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again.
Thomas Sowell
