The New York times' long-standing motto, 'All the News That's Fit to Print,' should be changed to reflect today's reality: 'Manufacturing News to Fit an Ideology.'
Thomas SowellFour things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.
Thomas SowellThe key fallacy of so called gun control laws is that such laws do not in fact control guns. They simply disarm law abiding citizens, while people bent on violence find firearms readily available.
Thomas SowellThe inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.
Thomas SowellBoth HUD and the Department of Justice began bringing lawsuits against mortgage bankers when a higher percentage of minority applicants than white applicants were turned down for mortgage loans. A substantial majority of both black and white mortgage loan applicants had their loans approved but a statistical difference was enough to get a bank sued.
Thomas Sowell