One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it… — Thomas Sowell Copy Share Image
The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy. — Thomas Sowell Copy Share Image
Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would… — Thomas Sowell Copy Share Image
The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than… — Thomas Sowell Copy Share Image
Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the… — Thomas Sowell Copy Share Image
People who believe in evolution in biology often believe in creationism in government. In other words, they believe that the universe and… — Thomas Sowell Copy Share Image
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… — Thomas Sowell Copy Share Image
I hate to make predictions, but I think the economy is going to be permanently changed for the worse. I think our… — Thomas Sowell Copy Share Image
Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other… — Thomas Sowell Copy Share Image
Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do… — Thomas Sowell Copy Share Image
Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set… — Thomas Sowell Copy Share Image
During the 1930s, some of the leading intellectuals in America condemned our economic system and pointed to the centrally planned Soviet economy… — Thomas Sowell Copy Share Image
Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down… — Thomas Sowell Copy Share Image
After political crusades for 'affordable housing' ended up ruining the housing market and much of the economy with it, many of the… — Thomas Sowell Copy Share Image
The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white… — Thomas Sowell Copy Share Image
There is no bigger waste of time than doing 90% of what is necessary. — Thomas Sowell Copy Share Image
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten… — Thomas Sowell Copy Share Image
“In 1962, Democratic President John F. Kennedy, like both Democratic and Republican Presidents and Secretaries of the Treasury in earlier years, pointed out that “it… — Thomas Sowell Copy Share Image
Ideological bigotry has become the norm on even our most prestigious campuses, where students can go for years without reading or hearing anything that… — Thomas Sowell Copy Share Image
Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos. — Thomas Sowell Copy Share Image
“One third of all Scots in the mid-nineteenth century moved from one county to another” — Thomas Sowell Copy Share Image
The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that… — Thomas Sowell Copy Share Image
“Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit… — Thomas Sowell Copy Share Image
The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that… — Thomas Sowell Copy Share Image
Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it,… — Thomas Sowell Copy Share Image
Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children… — Thomas Sowell Copy Share Image