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Quote by Thomas Sowell

“High tax rates that people don't actually pay do not bring the government as much revenue as lower tax rates that they do pay.”

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Thomas Sowell

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

“Thanks to pathetic reporting by The New York Times and other media sycophants more than 50 years ago, Fidel Castro, following the dictatorship of Fulgencio Batista, was also seen by many as a liberator of Cuba. 'I am not a communist and neither is the revolutionary movement.' Castro said at the time. Only after he consolidated power, did he tell the truth: 'I am a Marxist-Leninist and I will be one until the last day of my life.'”

“What governments call international monetary cooperation is concerted action for the sake of credit expansion.”

Government Action Sake International Credit Cooperation Expansion Monetary

Book:Human action: a treatise on economics

Source: Human action: a treatise on economics

“Obama has had two raging successes in his term: He has slashed unemployment by persuading millions to give up hope and leave the labor force; and He has cut illegal immigration by casting the United States into a permanent job shortage. Some achievements!”

“The crucial question for any policy is not what, are its intentions, but what are its effects?”

Effects Policy Intention Crucial

Author:Walter E. Williams

“Markets are nimble and efficient, gathering the collective but disbursed intelligence of the economy's players and communicating up-to-the-minute realities of prices, product availability, etc. Government is typically cumbersome, plodding, and slow.”

Reality Government Economy Player Minutes Products Communicate Etc Collectives Efficient Gathering Availability Nimble

Author:Joel Miller

“Under capitalism everybody provides for their own needs by serving others.”

Needs Capitalism Serving Serving Others

Author:Ludwig von Mises

“Nothing is more difficult than to make a profit.”

Difficult Profit

Author:James Cook

“Our world today is in the grip of anti-capitalism. State bureaucracies ruling over anti-market policies have grown into ideological and political elites who arrogantly presume to know and dictate how we should all live and work.”

Knows World Should States Today Political Policy Capitalism Our World Elites Bureaucracy Ruling World Today Ideological

Author:Richard Ebeling

“The public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.”

Want Needs Mean Desire Economy Politician Activity Resources Consumers Productive Satisfying Bureaucracy Compulsion Private Sector Wants And Needs Public Sector

Book:Economic Controversies

Source: Economic Controversies

“Ideological bigotry has become the norm on even our most prestigious campuses, where students can go for years without reading or hearing anything that challenges the left vision.”

Years Reading Left Challenges Vision Students Hearing Bigotry Norm Ideological Campus Prestigious

Author:Thomas Sowell

Quote by Thomas Sowell

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