A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely. Thomas Sowell allowartificiallydemand Change image and share on social
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it. Thomas Sowell blatantevadefailure Change image and share on social
Just what is it that academics have to fear if they stand up for common decency, instead of letting campus barbarians run amok? Thomas Sowell academicamokbarbarian Change image and share on social
The word 'racism' is like ketchup. It can be put on practically anything - and demanding evidence makes you a 'racist.' Thomas Sowell demandevidenceketchup Change image and share on social
Facts are not liberals' strong suit. Rhetoric is. Thomas Sowell factliberalrhetoric Change image and share on social
Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all. Thomas Sowell botherentiregovernment Change image and share on social
Without a moral framework, there is nothing left but immediate self-indulgence by some and the path of least resistance by others. Neither can sustain a free society. Thomas Sowell frameworkfreeindulgence Change image and share on social
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric. Thomas Sowell agonybloodcheap Change image and share on social
Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow. Thomas Sowell ethnicfollowgroup Change image and share on social
One of the common failings among honorable people is a failure to appreciate how thoroughly dishonorable some other people can be, and how dangerous it is to trust them. Thomas Sowell commondangerousdishonorable Change image and share on social