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76 Inspiring Quotes By Thomas Sowell, The Inordinate Living Economist

Famous As: Economist
Born On: June 30, 1930
Born In: Gastonia, North Carolina
Age: 93 Years
Thomas Sowell is an author, political theorist, intellectual and economist from the U.S. He is counted among the most influential purveyors of libertarian conservatism and supply side economics in the world. Sowell discontinued his school education in order to join the US Marine Corps at the time of the Korean War. However, upon returning he went back to education and attended Harvard University, before acquiring his post graduate degree from Columbia University. He went on to earn his doctoral degree in economics from University of Chicago in 1968. Over the past decades, Sowell has taught at some of the most prestigious universities in the United States and has also been associated with leading think tanks. Sowell has been working for the Hoover Institution at Stanford University since 1980 and over the years, he has become one of the most important advocates of conservative politics in the United States. As an African-American, Sowell has also written extensively on racial politics in the United States and his views are markedly different from most. He has often been described as a ‘black conservative’ but Sowell refuses to acknowledge that label. He is one of the foremost intellectuals of the modern era. The below collection of Thomas Sowell’s most famous quotes have been excerpted from his writings, papers, books and thoughts. We bring to you a collection of sayings and quotes by Thomas Sowell on education, intellectual, wages, jobs, class, poverty, greed and racism.
I have never understood why it is

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

Thomas Sowell
When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

Thomas Sowell
It’s amazing how much panic one honest man can spread among a multitude of hypocrites.

It’s amazing how much panic one honest man can spread among a multitude of hypocrites.

Thomas Sowell
Despite a voluminous and often fervent literature on

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

Thomas Sowell
Racism does not have a good track record. It's been tried out for a long time and you'd think by now we'd want to put an end to it instead of putting it under new management.

Racism does not have a good track record. It's been tried out for a long time and you'd think by now we'd want to put an end to it instead of putting it under new management.

Thomas Sowell
The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Thomas Sowell
Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.

Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.

Thomas Sowell
The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.

The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.

Thomas Sowell
Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.

Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God.

Thomas Sowell
The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling.

The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling.

Thomas Sowell
Intellect is not wisdom.

Intellect is not wisdom.

Thomas Sowell
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?

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?

Thomas Sowell
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.

Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.

Thomas Sowell
Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

Thomas Sowell
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it

Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it

Thomas Sowell
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

Thomas Sowell
One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.

One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.

Thomas Sowell
Competition does a much more effective job than government at protecting consumers.

Competition does a much more effective job than government at protecting consumers.

Thomas Sowell
There are only two ways of telling the complete truth--anonymously and posthumously.

There are only two ways of telling the complete truth--anonymously and posthumously.

Thomas Sowell
If politicians stopped meddling with things they don't understand, there would be a more drastic reduction in the size of government than anyone in either party advocates.

If politicians stopped meddling with things they don't understand, there would be a more drastic reduction in the size of government than anyone in either party advocates.

Thomas Sowell
If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves.

If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else, including themselves.

Thomas Sowell
We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did.

We seem to be getting closer and closer to a situation where nobody is responsible for what they did but we are all responsible for what somebody else did.

Thomas Sowell
Rhetoric is no substitute for reality.

Rhetoric is no substitute for reality.

Thomas Sowell
What is history but the story of how politicians have squandered the blood and treasure of the human race?

What is history but the story of how politicians have squandered the blood and treasure of the human race?

Thomas Sowell
Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.

Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.

Thomas Sowell
The most basic question is not what is best, but who shall decide what is best.

The most basic question is not what is best, but who shall decide what is best.

Thomas Sowell
It doesn't matter how smart you are unless you stop and think.

It doesn't matter how smart you are unless you stop and think.

Thomas Sowell
Virtually no idea is too ridiculous to be accepted, even by very intelligent and highly educated people, if it provides a way for them to feel special and important. Some confuse that feeling with idealism.

Virtually no idea is too ridiculous to be accepted, even by very intelligent and highly educated people, if it provides a way for them to feel special and important. Some confuse that feeling with idealism.

Thomas Sowell
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 50 years ago, a liberal 25 years ago and a racist today.

If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 50 years ago, a liberal 25 years ago and a racist today.

Thomas Sowell
Life does not ask what we want. It presents us with options

Life does not ask what we want. It presents us with options

Thomas Sowell