Home / Quotes / Quote by Thomas Sowell

Quote by Thomas Sowell

“Most of the people in the upper income brackets are not rich and do not have wealth sheltered offshore. They are typically working people who have finally reached their peak earning years after many years of far more modest incomes-and now see much of what they have worked for siphoned off by politicians, to the accompaniment of lofty rhetoric.”

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

You May Also Like

“There is no equality without coercion.”

Author:Gonzalo Fernandez de la Mora

“The sharper the competition, the better it serves its social function to improve economic production.”

Social Economic Function Competition Productions

Author:Ludwig von Mises

“Modern 'public health' initiatives have moved well beyond what could reasonably be classified as public goods. Today, government undertakes all sorts of policies in the name of public health that are aimed at regulating personal behavior.”

Wells Government Today Names Modern Policy Behavior Moved Goods Initiative Public Health Personal Behavior

Author:Radley Balko

“Big business always serve - directly or indirectly - the masses.”

Bigs Mass Big Business

Author:Ludwig von Mises

“Liberals fostered the subsidies that have converted so many citizens to helplessness. They have made high taxes and big government a way of life. They have corrupted the politicians into believing that in order to be elected to office, they must dispense benefits.”

Way Believe Made Bigs Government Order Citizens Politician Taxes Office Benefits Helplessness Big Government Subsidies High Taxes

Author:James Cook

“Universities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.”

Class Students Degrees Function Excellence University Pursuit Academic Incompetent Academic Excellence

Author:Walter E. Williams

“The alternative to the market process is government control, and we know where that principle leads.”

Knows Government Process Principles Alternatives

Author:Sheldon Richman

“Liberalism had come to mean spending more on everything-speech police, failed poverty programs that reward dependence, a bigger nanny state telling us we cannot eat fatty foods, workplace roles that stifle opportunity, and absurd environmental regulations.”

Mean States Opportunity Poverty Roles Speech Program Bigger Police Rewards Environmental Spending Absurd Liberalism Regulation Dependence Workplace Nannies Fatty

Author:John Stossel

“If citizens wish to retain their liberty, they cannot assume that those who seek power over them are honest. Skepticism of government is one of the most important-and most forgotten-bulwarks of freedom.”

Ifs Important Government Wish Liberty Honest Citizens Assuming Forgotten Skepticism

Author:James Bovard

“It is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all of the permutations of people's economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.”