Thomas Sowell Quotations | Page 5
Thomas Sowell Quotes about:
-
Years Quotes
In the string of amazing decisions made during the first year of the Obama administration, nothing seems more like sheer insanity than the decision to try foreign terrorists, who have committed acts of war against the United States, in federal court, as if they were American citizens accused of crimes.
-
Opportunity Quotes
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.
-
Country Quotes
People who believe in 'universal health care' show remarkably little interest - usually none - in finding out what that phrase turns out to mean in practice, in those countries where it already exists, such as Britain, Sweden or Canada. For one thing, 'universal health care' in these countries means months of waiting for surgery that Americans get in a matter of weeks or even days.
-
America Quotes
Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience.
-
People Quotes
Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
-
Wall Quotes
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.
-
Would Be Quotes
Virtually everything that the government does costs more than when the same thing is done in private industry - whether it is building housing, running prisons, collecting garbage, or innumerable other things. Why in the world would we imagine that health care would be the exception?
-
Real Quotes
Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.
-
Issues Quotes
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'.
-
Teacher Quotes
No segment of the population has lost more by the agendas of the liberal constituencies of the Democratic Party than the black population. The teachers' unions, environmental fanatics and the ACLU are just some of the groups to whose interests blacks have been sacrificed wholesale. Lousy education and high crime rates in the ghettos, and unaffordable housing elsewhere with building restrictions, are devastating prices to pay for liberalism.
-
Equal Treatment Quotes
When I was teaching at an institution that bent over backward for foreign students, I was asked in class one day: "What is your policy toward foreign students?" My reply was: "To me, all students are the same. I treat them all the same and hold them all to the same standards." The next semester there was an organized boycott of my classes by foreign students. When people get used to preferential treatment, equal treatment seems like discrimination.
-
Believe Quotes
Many people believe in eliminating gaps and eliminating poverty. They don't realize that in some sense those two things are antithetical. If you were to double everyone's income, or if everyone's income were doubled naturally over the course of time, then you would reduce poverty significantly but you would have also increased the gap.
-
Thinking Quotes
I hate to make predictions, but I think the economy is going to be permanently changed for the worse. I think our foreign policy is going to lead to changes that will be definitely for the worse, particularly if we drift into a nuclear Iran, which I gather that's what the administration is doing.
-
Ignorance Quotes
People who are very aware that they have more knowledge than the average person are often very unaware that they do not have one-tenth of the knowledge of all of the average persons put together. In this situation, for the intelligentsia to impose their notions on ordinary people is essentially to impose ignorance on knowledge.
-
War Quotes
The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to “help.”
-
Alternatives Quotes
Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
-
Littles Quotes
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.
-
Years Quotes
Blacks were not enslaved because they were black but because they were available. Slavery has existed in the world for thousands of years. Whites enslaved other whites in Europe for centuries before the first black was brought to the Western hemisphere. Asians enslaved Europeans. Asians enslaved other Asians. Africans enslaved other Africans, and indeed even today in North Africa, blacks continue to enslave blacks.
-
Dream Quotes
One of the most fashionable notions of our times is that social problems like poverty and oppression breed wars. Most wars, however, are started by well-fed people with the time on their hands to dream up half-baked ideologies or grandiose ambitions, and to nurse real or imagined grievances.
-
Giving Up Quotes
The gun-control crusade today is like the Prohibition crusade 100 years ago. It is a shared zealotry that binds the self-righteous know-it-alls in a warm fellowship of those who see themselves as fighting on the side of the angels against the forces of evil. It is a lofty role that they are not about to give up for anything so mundane as facts - or even the lives of other people.
-
Clever Quotes
You cannot take any people, of any color, and exempt them from the requirements of civilization - including work, behavioral standards, personal responsibility, and all the other basic things that the clever intelligentsia disdain - without ruinous consequences to them and to society at large.
-
Thinking Quotes
Barack Obama has done more than anyone else to promote the dangerous illusion that we can choose whether to have a war or not. But our enemies have already made that choice. Retired Marine Corps General James Mattis said: “No war is over until the enemy says it's over. We may think it's over, we may declare it over, but in fact, the enemy gets a vote“.
-
Common Sense Quotes
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?
-
Men Quotes
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.
-
Should Have Quotes
Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default. ... The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously.
-
Mean Quotes
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.