Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
Thomas SowellPeople who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.
Thomas SowellIn this era of non-judgmental mush, too many Americans have become incapable of facing the brutal reality of unprovoked hatred, based on envy, resentment and ultimately on a vicious urge to lash out against others for the pain of ones own insignificance. That has been a common thread in things as disparate as ghetto riots, two world wars, and now Islamic terrorism.
Thomas SowellWhether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.
Thomas SowellIt is so easy to be wrong-and to persist in being wrong-when the costs of being wrong are paid by others.
Thomas SowellThe sad and tragic fact is that the civil rights movement, despite its honorable and courageous past, has over the years degenerated into a demagogic hustle, promoting the mindless racism they once fought against.
Thomas SowellThose who wrote the Constitution clearly understood that power is dangerous and needs to be limited by being separated - separated not only into the three branches of the national government but also separated as between the whole national government, on the one hand, and the states and the people on the other.
Thomas Sowell