Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
Thomas SowellStopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
Thomas SowellOur whole educational system, from the elementary schools to the universities, is increasingly turning out people who have never heard enough conflicting arguments to develop the skills and discipline required to produce a coherent analysis, based on logic and evidence. The implications of having so many people so incapable of confronting opposing arguments with anything besides ad hominem responses reach far.
Thomas SowellI suspect that even most conservatives would prefer to live in the kind of world conjured up in the liberals' imagination rather than in the kind of world we are in fact stuck with.
Thomas SowellCan you cite one speck of hard evidence of the benefits of "diversity" that we have heard gushed about for years? Evidence of its harm can be seen — written in blood — from Iraq to India, from Serbia to Sudan, from Fiji to the Philippines. It is scary how easily so many people can be brainwashed by sheer repetition of a word.
Thomas SowellWhat does 'economic justice' mean, except that you want something that someone else produced, without having to produce anything yourself in return?
Thomas SowellOliver Wendell Holmes said, "Think things, not words." In words, many see a need for "social justice" to override "the dictates of the market." In reality, what is called "the market" consists of human beings making their own choices at their own cost. What is called "social justice" is government imposition of the notions of third parties, who pay no price for being wrong.
Thomas Sowell