Failure 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 SowellHelping those who have been struck by unforeseeable misfortunes is fundamentally different from making dependency a way of life.
Thomas SowellTariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
Thomas SowellHow long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?
Thomas SowellOver the generations, black leaders have ranged from noble souls to shameless charlatans.
Thomas SowellAs taxpayers, we have quietly accepted the fact that our taxes will be spent to pay big bucks for all sorts of ugly, twisted metal to be displayed in front of or inside government buildings, in the name of 'art' that was obviously never meant to give the public any enjoyment and often represented a thumbing of the artist's nose at the public.
Thomas Sowell