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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.
Thomas Sowell
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Because many of us make mistakes that can have bad consequences, some intellectuals believe that it is the role of government to intervene and make some of our decisions for us. From what galaxy government is going to hire creatures who do not make mistakes is a question they leave unanswered.
Thomas Sowell
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Study after study, not only here but in other countries, show that the most affordable housing is where there has been the least government interference with the market - contrary to rhetoric.
Thomas Sowell
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What the welfare system and other kinds of governmental programs are doing is paying people to fail. In so far as they fail, they receive the money; in so far as they succeed, even to a moderate extent, the money is taken away.
Thomas Sowell
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Most problems, decisions, and performances are multidimensional, but somehow the results have to be reduced to a few key indicators which are to be institutionally rewarded or penalized... The need to reduce the indicators to a manageable few is based not only on the need to conserve the time (and sanity) of those who assign rewards and penalties, but also to provide those subject to these incentives with some objective indication of what their performance is expected to be and how it will be judged... key indicators can never tell the whole story.
Thomas Sowell
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People who believe in evolution in biology often believe in creationism in government. In other words, they believe that the universe and all the creatures in it could have evolved spontaneously, but that the economy is too complicated to operate without being directed by politicians.
Thomas Sowell
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No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.
Thomas Sowell
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Life has many good things. The problem is that most of these good things can be gotten only by sacrificing other good things. We all recognize this in our daily lives. It is only in politics that this simple, common sense fact is routinely ignored.
Thomas Sowell
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The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling.
Thomas Sowell
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Our schools and colleges are turning out people who cannot feel fulfilled unless they are telling other people what to do.
Thomas Sowell
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Whether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.
Thomas Sowell
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The charge is often made against the intelligentsia and other members of the anointed that their theories and the policies based on them lack common sense. But the very commonness of common sense makes it unlikely to have any appeal to the anointed. How can they be wiser and nobler than everyone else while agreeing with everyone else?
Thomas Sowell
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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.
Thomas Sowell
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Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do.
Thomas Sowell
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The idea that money is corrupting innocent politicians would be laughable if it did not lead to such dangerous legislation.
Thomas Sowell
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The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.
Thomas Sowell
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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'.
Thomas Sowell
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Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
Thomas Sowell
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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.
Thomas Sowell
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There are no solutions; there are only trade-offs.
Thomas Sowell
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The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.
Thomas Sowell
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No society ever thrived because it had a large and growing class of parasites living off those who produce.
Thomas Sowell
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People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.
Thomas Sowell
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The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
Thomas Sowell
