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Exlpore more Economy quotes
"CAPITALISM: If everything worked without need of repair, upgrade or replacement, then peaceful minds and prosperity would prevail among the masses rather than just the few who control markets."
"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."
"It is clear that the economy has not gotten better for everyone."
"You know if the U.S. Government wanted to boost the economy there's a simple solution make Black Friday the refund date for your state and federal taxes."
"Development of states, urbanization, mechanization and industrialisation have all brought phenomenal strides to growth and prosperity of economies and their populace. They have also brought with them the insatiable need for energy resources with the related offspring of instability, conflict, war and corruption."
"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."
"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
"The minimum wage was due for an increase, but it was important that we offset its cost to small businesses."
Explore more quotes by Thomas Sowell
"Mistakes can be corrected by those who pay attention to facts but dogmatism will not be corrected by those who are wedded to a vision."
"The march of science and technology does not imply growing intellectual complexity in the lives of most people. It often means the opposite."
"Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it."
"Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated."
"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it."
"The people made worse off by slavery were those who were enslaved. Their descendants would have been worse off today if born in Africa instead of America. Put differently, the terrible fate of their ancestors benefitted them."
"Much 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."
"The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department."
"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."
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