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Thomas Sowell -
Government
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The kinds of people we need in government are precisely the kinds of people who are most reluctant to go into government -- people who understand the inherent dangers of power and feel a distaste for using it, but who may do so for a few years as a civic duty. The worst kind of people to have in government are those who see it as a golden opportunity to impose their own superior wisdom and virtue on 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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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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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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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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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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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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Contrary to the vision of the left, it was the free market which produced affordable housing - before government intervention made housing unaffordable.
Thomas Sowell
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Government bailouts are like potato chips: You can't stop with just one.
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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Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.
Thomas Sowell
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One of the problems with trying to help underdogs, especially with government programs, is that they and everyone else start to think of them as underdogs, focusing on their problems rather than their opportunities. Thinking of themselves as underdogs can also dissipate their energies in resentments of others, rather than spending that energy making the most of their own possibilities.
Thomas Sowell
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People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.
Thomas Sowell
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If politicians stopped meddling with things they don't understand, there would be a more drastic reduction in the size of government than anyone in either party advocates.
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 is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.
Thomas Sowell
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What is politically defined as economic planning is the forcible superseding of other people's plans by Government officials.
Thomas Sowell
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Liberals love to say things like, "We're just asking everyone to pay their fair share." But government is not about asking. It is about telling. The difference is fundamental. It is the difference between making love and being raped, between working for a living and being a slave. The Internal Revenue service is not asking anybody to do anything. It confiscates your assets and puts you behind bars if you don't pay.
Thomas Sowell
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It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.
Thomas Sowell
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There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?
Thomas Sowell
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Much of the world today, including the United States, is still living in the social, cultural, and political aftermath of Britain's cultural achievements, its industrial revolution, its government of checks and balances, and its conquests around the world.
Thomas Sowell
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Another way of verbally masking elite preemption of other people's decisions is to use the word 'ask'-as in 'We are just asking everyone to pay their fair share.' But of course governments do not ask, they: tell. The Internal Revenue Service does not 'ask' for contributions. It takes.
Thomas Sowell
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Competition does a much more effective job than government at protecting consumers.
Thomas Sowell
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Both history and contemporary data show that countries prosper more when there are stable and dependable rules, under which people can make investments without having to fear unpredictable new government interventions before these investments can pay off.
Thomas Sowell
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Those who believe that "basic necessities" should belong to people as a matter of right ignore the implication — that people are to work only for amenities, frivolities, and ego. Will that mean more work or less work? And if less, where are all those "basic necessities" coming from that the government is supposed to hand out?
Thomas Sowell
Quote of the day
When the moon is in the seventh house, And Jupiter aligns with Mars, Then peace will guide the planets, And love will steer the stars; This is the dawning of the age of Aquarius.
James Rado
Thomas Sowell
Born:
June 30, 1930
(age 94)
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