Thomas Sowell

ECONOMICS vs. POLITICS

“The first lesson of economics is scarcity: There is never enough to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”

GREED

“I have never understood why it is “greed” to want to keep the money you’ve earned, but not greed to want to take somebody else’s money.”

MEETINGS

“People who enjoy meetings should not be in charge of anything.”

PRAGMATISM AND PIPEDREAMS

“Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.”

REDISTRIBUTION

“If you have been voting for politicians who promise to give you goodies at someone else’s expense, then you have no right to complain when they take your money and give it to someone else, including themselves.”

SKIN IN THE GAME

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”

WELFARE

“The welfare state is the oldest con game in the world. First you take people’s money away quietly and then you give some of it back to them flamboyantly.”