Home / Quotes / Quote by Thomas Sowell

Quote by Thomas Sowell

“Sometimes it seems as if there are more solutions than problems. On closer scrutiny, it turns out that many of today's problems are a result of yesterday's solutions.”

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

“Those who cry out that the government should 'do something' never even ask for data on what has actually happened when the government did something, compared to what actually happened when the government did nothing.”

Should Government Asks Happened Cry Data

Author:Thomas Sowell

“Imagine a political system so radical as to promise to move more of the poorest 20% of the population into the richest 20% than remain in the poorest bracket within the decade? You don't need to imagine it. It's called the United States of America.”

Needs States America Moving Political United United States Imagine Promise Population Decades Radical United States Of America Poorest Political Systems Brackets

Author:Thomas Sowell

“The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened that way because someone wanted it to happen that way.”

Way Happens Wanted Economy Happened Explanation Phenomenon Satisfying Simplest

Book:Knowledge And Decisions

Source: Knowledge And Decisions

“Wishful thinking is not idealism. It is self-indulgence at best and self-exaltation at worst. In either case, it is usually at the expense of others. In other words, it is the opposite of idealism.”

Thinking Self Cases Worst Opposites Expenses Idealism Indulgence Wishful Thinking Exaltation Self Indulgence

Author:Thomas Sowell

“Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.”

World Mean Jobs Turns Loss Economy Products Industry Higher Saved Around The World Fewer Steel Tariffs Steel Industry

Author:Thomas Sowell

“I suspect that even most conservatives would prefer to live in the kind of world conjured up in the liberals' imagination rather than in the kind of world we are in fact stuck with.”

World Kind Facts Imagination Stuck Suspects

Author: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.”

Ifs States Loss Poor Taxes Benefits Rate Various Income Welfare Stamps Housing Welfare State Subsidies Food Stamps

Author:Thomas Sowell

“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.”

People Country Problem Hate Behinds Leader Groups Taught Blame Various Followers

Author:Thomas Sowell