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Quote by 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.”

Quote by Thomas Sowell

Book:Ever Wonder Why?: and Other Controversial Essays

Work

Ever Wonder Why?: and Other Controversial Essays

This book delves into a range of contentious issues, offering in-depth analysis and discussion on topics that provoke thought and debate. more

Author

Thomas Sowell is a renowned economist, born on June 30, 1930. His research spans across various fields such as economic policy, race, and social issues, having a profound impact on economics and the social sciences. more

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“Few professors would dare to publish research or teach a course debunking the claims made in various ethnic, gender, or other 'studies' courses.”

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“Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.”

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“A moral monopoly is the antithesis of a marketplace of ideas.”

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“It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.”

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“Just what is it that academics have to fear if they stand up for common decency, instead of letting campus barbarians run amok?”

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“Over the generations, black leaders have ranged from noble souls to shameless charlatans.”

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“Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights.”

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“Mystical references to society and its programs to help may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.”

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“Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities.”

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Book:A Conflict of Visions: Idealogical Origins of Political Struggles

Source: A Conflict of Visions: Idealogical Origins of Political Struggles

“Like a baseball game, wars are not over till they are over. Wars don't run on a clock like football. No previous generation was so hopelessly unrealistic that this had to be explained to them.”

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Author:Thomas Sowell