No individual and no generation has had enough personal experience to ignore the vast experience of the human race that is called history. Yet most of our schools and colleges today pay little attention to history. And many of our current policies repeat mistakes that were made, time and again, in the past with disastrous results.
Thomas SowellHow you treat the helpless is the real test of morality. Lots of people are flunking that test big time.
Thomas SowellRiskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters that followed. Political rhetoric, echoed in the media, seeks to obscure that painfully plain fact.
Thomas SowellWhen your response to everything that is wrong with the world is to say, 'there ought to be a law,' you are saying that you hold freedom very cheap.
Thomas SowellFailure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
Thomas Sowell