Accounting Quote by Thomas Sowell

“Balanced budget requirements seem more likely to produce accounting ingenuity…” quote by Thomas Sowell — Download Open image

“Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.”

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The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white…

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There is no bigger waste of time than doing 90% of what is necessary.

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If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten…

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“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…

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Ideological bigotry has become the norm on even our most prestigious campuses, where students can go for years without reading or hearing anything that…

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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.

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“One third of all Scots in the mid-nineteenth century moved from one county to another”

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The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that…

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“Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit…

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The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that…

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Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it,…

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Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children…

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We do not know enough about how the present will lead into the future. We shall never be able to say, "Ha! My perception,…

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“Outer happiness has Diminishing Marginal Utility; the more it grows, the satisfaction decreases. Resort to inner happiness.”

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Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into…

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There is no business like show business. There is also no business like certified public accounting, but that doesn't rhyme as well.

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“With great goals, comes the high costs; both fixed and variable. Time is the fixed cost; efforts, variable. Spend passionately.”

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The reaction of weak management to weak operations is often weak accounting.

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“Financial statements are my novels, I am a Chartered Accountant.”

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The religious hypothesis, therefore, must be considered only as a particular method of accounting for the visible phenomena of the universe: but no just…

David Hume

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Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that…

Warren Buffett