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Saturday, April 21, 2012

Classic Sowell

Economist and author Thomas Sowell is one of the richest resources this country has insofar as recognizing a problem or issue and providing succint analysis that can be understood by the most erudite on down to the common man.  Columnist John Hawkins has ranked the 25 best quotes from over the years by Sowell and I will whet your appetite for the article with a few of my favorites from his list...

  • "Since this is an era when many people are concerned about 'fairness' and 'social justice,' what is your 'fair share' of what someone else has worked for?"
  • "Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets."
  • "There are few talents more richly rewarded with both wealth and power, in countries around the world, than the ability to convince backward people that their problems are caused by other people who are more advanced."
  • "The vision of the anointed is one in which ills as poverty, irresponsible sex, and crime derive primarily from 'society,' rather than from individual choices and behavior. To believe in personal responsibility would be to destroy the whole special role of the anointed, whose vision casts them in the role of rescuers of people treated unfairly by 'society'."

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