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Nobody is equal to anybody. Even the same man is not equal to himself on different days.
Thomas Sowell
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The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.
Thomas Sowell
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Our national problems usually do not cause nearly as much harm as the solutions.
Thomas Sowell
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A friend from India told me that a countryman of his said: "I want to go to America. I want to see a country where poor people are fat."
Thomas Sowell
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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.
Thomas Sowell
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The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices - paid by others.
Thomas Sowell
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Those who wrote the Constitution clearly understood that power is dangerous and needs to be limited by being separated - separated not only into the three branches of the national government but also separated as between the whole national government, on the one hand, and the states and the people on the other.
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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Both HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued.
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Someone recently pointed out how much Barack Obama's style and strategies resemble those of Latin American charismatic despots - the takeover of industries by demagogues who never ran a business, the rousing rhetoric of resentment addressed to the masses and the personal cult of the leader promoted by the media. But do we want to become the world's largest banana republic?
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Envy is always referred to by its political alias, 'social justice.
Thomas Sowell
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After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.
Thomas Sowell
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Nothing as mundane as mere evidence can be allowed to threaten a vision so deeply satisfying.
Thomas Sowell
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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.
Thomas Sowell
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The curse of the intelligentsia is their ability to rationalize and re-define. Ordinary people, lacking that gift, are forced to face reality.
Thomas Sowell
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The real culprits are those who created a system that makes it dangerous to work and safe to loaf.
Thomas Sowell
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France has never gotten over the fact that it was once a great power and is now just a great nuisance.
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The most basic inherent constraint is that neither time nor wisdom are free goods available in unlimited quantity. This means that in social processes, as in economic processes, it is not only impossible to attain perfection but irrational to seek perfection- or even to seek the best possible result in each separate instance.
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As long as human beings are imperfect, there will always be arguments for extending the power of government to deal with these imperfections. The only logical stopping place is totalitarianism -- unless we realize that tolerating imperfections is the price of freedom.
Thomas Sowell
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Fairness' is one of the great mantras of the left. Since everyone has his own definition of fairness, that word is a blank check for the expansion of government power. What fairness means in practice is that third parties -- busybodies -- can prevent mutual accommodations by others.
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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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.
Thomas Sowell
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To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have without profits. It never occurs to such people that these products might cost several million dollars more without the incentives to be efficient created by the prospect of profits.
Thomas Sowell
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Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.
Thomas Sowell
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All too often, we do smart things only after exhausting every conceivable dumb thing we could have done.
Thomas Sowell
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Any statistics can be extrapolated to the point where they show disaster.
Thomas Sowell
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To say that being non-judgmental is better than being judgmental is itself a judgment, and therefore a violation of principle.
Thomas Sowell
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The stricter standards and independent, often conclusive, evidence in the physical sciences cannot be generalized to intellectual activity as a whole, even though the aura of scientific processes and results is often appropriated by other intellectuals.
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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Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole.
Thomas Sowell
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Quote of the day
Change your thoughts and you can change the world.
Norman Vincent Peale
Thomas Sowell
Born:
June 30, 1930
(age 94)
Bio:
Thomas Sowell is an American economist, social theorist, political philosopher, and author.
Known for:
Black Rednecks and White Liberals (2005)
A Conflict of Visions (1987)
Intellectuals and Society (2010)
Economic Facts and Fallacies (2008)
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