“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” – Thomas Sowell
“Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.” – Thomas Sowell
“A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.” – Thomas Sowell
“The most basic question is not what is best, but who shall decide what is best.” – Thomas Sowell
“Sometimes it seems as if there are more solutions than problems. On closer scrutiny, it turns out that many of today’s problems are a result of yesterday’s solutions.” – Thomas Sowell
“There are few things more dishonourable than misleading the young.” – Thomas Sowell
“All of us should be on guard against beliefs that flatter ourselves. At the very least, we should check such beliefs against facts.” – Thomas Sowell
“A moral monopoly is the antithesis of a marketplace of ideas.” – Thomas Sowell
“If you want to get each individual’s honest opinion, you don’t want that opinion to be influenced by others who are present, much less allow a group to coordinate what they are going to say.” – Thomas Sowell
“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” – Thomas Sowell
ReplyDelete“Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.” – Thomas Sowell
“A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.” – Thomas Sowell
“The most basic question is not what is best, but who shall decide what is best.” – Thomas Sowell
“Sometimes it seems as if there are more solutions than problems. On closer scrutiny, it turns out that many of today’s problems are a result of yesterday’s solutions.” – Thomas Sowell
“There are few things more dishonourable than misleading the young.” – Thomas Sowell
“All of us should be on guard against beliefs that flatter ourselves. At the very least, we should check such beliefs against facts.” – Thomas Sowell
“A moral monopoly is the antithesis of a marketplace of ideas.” – Thomas Sowell
“If you want to get each individual’s honest opinion, you don’t want that opinion to be influenced by others who are present, much less allow a group to coordinate what they are going to say.” – Thomas Sowell