Games Quote by Thomas Sowell
“Subsidies are a shell game, not a net addition to national wealth.”
About This Quote
Source Speech: Economic Commentary, Thomas Sowell, 1990
Subsidies often shift resources without creating new wealth, acting like a shell game that redistributes rather than adds value.
In simple terms: Subsidies move money but don't create wealth.
Focus on policies that generate net wealth.
Themes
Mood
Type
When to use this quote
- budget planning
- government programs
- tax policy
- business strategy
Key Concepts
Questions to Reflect On
- How do subsidies affect market efficiency?
- When do they become counterproductive?
Subsidies can create market distortions and dependency.