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Quote by Thomas Sowell

“People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.”

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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“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.”

“The rates of taxation climb and the levels of capital decline, until the only remaining wealth beyond the reach of the regime is the very protein of human flesh, and that too is finally taxed, bound, and gagged, and brought to the colossal temple of the state - a final sacrifice of carnal revenue to feed the declining elite.”

Humans States Wealth Levels Sacrifice Finals Rate Bounds Flesh Climbs Temples Regimes Elites Decline Taxation Revenue Protein Colossal

Book:Wealth and Poverty: A New Edition for the Twenty-First Century

Source: Wealth and Poverty: A New Edition for the Twenty-First Century

“Each of us, Leonard Read said, must become candles of liberty in the darkness of collectivist ideas. The brighter we each shine through our understanding and ability to articulate the meaning of freedom, the more we will be beacons that can attract others.”

Said Ideas Understanding Ability Liberty Darkness Shining Candle Brighter Beacons

Book:The Conditions of Free Market Capitalism

Source: The Conditions of Free Market Capitalism

“The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.”

Ifs Generations Source Saving Goods Consumed

Book:Anti-Capitalistic Mentality, The

Source: Anti-Capitalistic Mentality, The

“A single charitable foundation started by one capitalist does more good than a world full of socialists and leftists. Think Carnegie and his libraries, or Sloan and Kettering their hospital, or Gates in Africa.”

Thinking World Doe Foundation Library Gates Hospitals Capitalist Charitable Leftists Carnegie Charitable Foundations

Author:James Cook

“The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white - who find in that paranoid vision an excuse for counterproductive and ultimately self-destructive attitudes and behavior.”

Self Left Black White Attitude Vision Worst Behavior Bottom Excuse Envy Destructive Resentment Paranoid Tolls Self Destructive Black Or White Counterproductive

Author:Thomas Sowell

“The key reason why we are richer than our ancestors is that these ancestors have bequeathed us buildings, factories and machines that have given us a high living standard to start with. Driven by irresponsible policy makers, America's present generation is consuming the nation's capital.”

Reason America Given Nations Generations Policy Building Keys Standards Machines Driven Reason Why Makers Factories Ancestor Consuming Irresponsible Policy Makers

Author:Kurt Richebacher

“It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.”

Wealth Materials Shapes Increase Investment Productions Goods Material Wealth

Book:The applied theory of money

Source: The applied theory of money

“Don't liberal Democrats ever learn economic principles, or does their class warfare trump all else?”

Doe Class Principles Economic Trump Democrat Warfare Class Warfare

Author:Cal Thomas

“Liberal dominance of important areas of America's social and political life has undermined many of the virtues that have sustained this country.”

Important Country America Political Social Virtue Areas Dominance Political Life

Book:Do-Gooders: How Liberals Hurt Those They Claim to Help and the Rest of Us

Source: Do-Gooders: How Liberals Hurt Those They Claim to Help and the Rest of Us