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The Wisdom Of Thomas Sowell

If there was ever a day to turn to the wisdom of economist Thomas Sowell, a day that saw a swing in the Dow-Jones Industrial Average of over 1,000 points, today has to be one of them. Here are five Thomas Sowell “thoughts” selected from Liberty-Tree Quotes:

  • "One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain."
  • "Compassion is the use of public funds to buy votes."
  • "One of the reasons for conspiracy theories is an assumption that people in high places always know what they are doing. When they do something that makes no sense, devious reasons are imagined by conspiracy theorists, when in fact it may be due to plain old ignorance and incompetence."
  • "The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices -- paid by others."
  • "We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did.

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