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Quote by Thomas Sowell

“The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.”

Quote by Thomas Sowell

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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“All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.”

Bigs Political Pay Moral Rich Share Fairs Economics Angst Melodrama Fair Share Charades

Author:Thomas Sowell

“Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated - preemptively and unilaterally, if necessary.”

Ifs Huge Suicide Unions Threat Nuclear Soviet Soviet Union Arsenal Bombers Retaliation Suicide Bombers

Author:Thomas Sowell

“In various countries and times, leaders of groups that lagged behind, economically and educationally, have taught their followers to blame all their problems on other people - and to hate those other people.”

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Author:Thomas Sowell

“Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.”

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Book:Knowledge And Decisions

Source: Knowledge And Decisions

“I made 50 million bucks yesterday. That's a flameout I could get used to.”

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Author:Conrad Black

“The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.”

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Author:Thomas Sowell

“The time is long overdue to stop looking for progress through racial or ethnic leaders. Such leaders have too many incentives to promote polarizing attitudes and actions that are counterproductive for minorities and disastrous for the country.”

Long Country Action Attitude Leader Progress Minorities Incentives Counterproductive Overdue Polarizing

Author:Thomas Sowell

“Brainy folks were also present in Lyndon Johnson's administration, especially in the Pentagon, where Secretary of Defense Robert McNamara's brilliant 'whiz kids' tried to micro-manage the Vietnam war, with disastrous results.”

War Kids Results Folks Defense Brilliant Manage Administration Vietnam Secretary Johnson Vietnam War Pentagon

Book:Dismantling America and Other Controversial Essays (Large Print 16pt)

Source: Dismantling America and Other Controversial Essays (Large Print 16pt)

“Creating whole departments of ethnic, gender, and other 'studies' was part of the price of academic peace. All too often, these 'studies' are about propaganda rather than serious education.”

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Author:Thomas Sowell

“The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but at MIT this puts them in the bottom ten percent of the class.”

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Author:Thomas Sowell