Thomas Sowell

Thomas Sowell

151 quotes

Biography

Thomas Sowell is an American economist, economic historian, and social theorist. With widely published commentary and books—and as a guest on TV and radio—he is a well-known voice in the American conservative movement as a prominent black conservative.

"As for gun control advocates, I have no hope whatever that any facts whatever will make the slightest dent in their thinking - or lack of thinking."

Thomas Sowell

"People who pride themselves on their "complexity"and deride others for being "simplistic"should realize that the truth is often not very complicated. What gets complex is evading the truth."

Thomas Sowell

"It doesn't matter how smart you are unless you stop and think."

Thomas Sowell

"What the welfare system and other kinds of governmental programs are doing is paying people to fail. In so far as they fail, they receive the money; in so far as they succeed, even to a moderate extent, the money is taken away."

Thomas Sowell

"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it."

Thomas Sowell

"Too many Republicans treat English as a second language, with Beltway lingo being their native tongue."

Thomas Sowell

"The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive."

Thomas Sowell

"If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 50 years ago, a liberal 25 years ago and a racist today."

Thomas Sowell

"Ideas are everywhere, but knowledge is rare."

Thomas Sowell

"Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge more difficult rather than easier."

Thomas Sowell

"Civilization is an enormous device for economizing on knowledge."

Thomas Sowell

"Knowledge may be enjoyed as a speculative diversion, but it is needed for decision making."

Thomas Sowell

"It is unnecessary to attempt any general rule as to where the overall balance lies in comparing the respective costs of knowledge in larger and smaller decision-making units. What is important is to understand that (1) the respective cost advantages of the large and small units differ according to the kind of knowledge involved (general versus specific), that (2) most decisions involve mixtures of the two kinds of knowledge, so that the net advantages of the larger and smaller units vary with the kind of decision, and (3) the effectiveness of hierarchical subordination varies with the extent to which the subordinate unit has knowledge advantages over the higher unit."

Thomas Sowell

"While decisions are constrained by the kinds of organizations and the kinds of knowledge involved, the Impetus for decisions comes from the internal preferences and external incentives facing those who actually make the decisions."

Thomas Sowell

"Key indicators require some specified time span during which they are to be tabulated for purposes of reward or penalty. The time span can vary enormously according to the process and the indicator."

Thomas Sowell

"Before attempting to determine the effect of institutions, it is necessary to consider the inherent circumstances, constraints, and impelling forces at work in the environment within which the institutional mechanisms function."

Thomas Sowell

"The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today."

Thomas Sowell

"Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric."

Thomas Sowell

"We will do almost anything for our visions, except think about them. The purpose of this book is to think about them."

Thomas Sowell

"Competition does a much more effective job than government at protecting consumers."

Thomas Sowell

"One of the grand fallacies of our time is that something beneficial should be subsidized."

Thomas Sowell

"The case for the political left looks more plausible on the surface but is harder to keep believing in as you become more experienced."

Thomas Sowell

"Understanding the limitations of human beings is the beginning of wisdom."

Thomas Sowell

"The key feature of Communist propaganda has been the depiction of people who are more productive as mere exploiters of others."

Thomas Sowell

"In short, it is not merely that Johnny can't read, or even that Johnny can't think. Johnny doesn't know what thinking is, because thinking is so often confused with feeling in many public schools. [emphasis in the original]"

Thomas Sowell