"There are only two economists in Congress..." - Quote by Thomas Sowell
There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?
More by Thomas Sowell
“Nobody would put as little thought and effort into buying an automobile as they put into deciding who to elect as President of the United States.”
“People who thing that they are getting something for nothing, by having government provide what they would otherwise have to buy in the private market, are not only kidding themselves by ignoring the taxes that government has to take from them in order to give them the appearance of something for nothing.”
“One of the big differences between Democrats and Republicans is that we at least know what the Democrats stand for, whether we agree with it or not. But, for Republicans, we have to guess”
More on Government
“But in this country we have one great privilege which they don't have in other countries. When a thing gets to be absolutely unbearable the people can rise up and throw it off. That's the finest asset we've got - the ballot box.”
“An occasional insurrection will not weigh against the inconveniences of a government of force, such as are monarchies and aristocracies.”
“Your federal government needs your money so that it can perform vital services for you that you would not think up yourself in a million years.”
More on Economics
“There is no sphere of human thought in which it is easier to show superficial cleverness and the appearance of superior wisdom than in discussing questions of currency and exchange”
“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.”
“When a resource is scarce, you increase its yield.”