At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.
Thomas SowellIf we spend our time with regrets over yesterday, and worries over what might happen tomorrow, we have no today in which to live.
Thomas SowellWhen you start off by telling those who disagree with you that they are not merely in error but in sin, how much of a dialogue do you expect?
Thomas SowellMuch of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.
Thomas SowellMore frightening to me than any policy or politician is the ease with which the public is played for fools with words. The latest example is the 'Employee Freedom of Choice Act,' a bill that will do away with secret ballot elections among workers voting on whether to be represented by a union. It is an open invitation to intimidation - which is to say, loss of freedom of choice.
Thomas SowellThere are few talents so richly rewarded - especially in politics and the media - as the ability to portray parasites as victims, and portray demands for preferential treatment as struggles for equal rights.
Thomas SowellNo segment of the population has lost more by the agendas of the liberal constituencies of the Democratic Party than the black population. The teachers' unions, environmental fanatics and the ACLU are just some of the groups to whose interests blacks have been sacrificed wholesale. Lousy education and high crime rates in the ghettos, and unaffordable housing elsewhere with building restrictions, are devastating prices to pay for liberalism.
Thomas Sowell