"Our economic problems worry me much less..." - Quote by Thomas Sowell
Our economic problems worry me much less than our political solutions, which have a far worse track record.
More by Thomas Sowell
“Our schools and colleges are turning out people who cannot feel fulfilled unless they are telling other people what to do.”
“Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.”
“Experience trumps brilliance.”
More on Economics
“If one generation is expected to carry an excessive burden on behalf of another, it will seek by every means to avoid it. It will either demand that past promises are broken, or it will not work, or it will not pay taxes, or the most talented people will leave. Socialist governments which have tried to tax 'till the pips squeak' have ample experience of that.”
“The best way to make every one poor is to insist on equality of wealth.”
“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .”
More on Politics
“I make a living off (politicians), so I can't knock 'em. Every time we elect some fellow we think he's terrible and then when we get another one in he's worse. So, I am always in favor of keeping the one we've got and let the other go.”
“The method of production of the material things of life generally determines the social, political and spiritual currents of life.”
“I have made it quite clear that a unified Ireland was one solution that is out. A second solution was a confederation of two states. That is out. A third solution was joint authority. That is out-that is a derogation of sovereignty.”