The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Quote by Thomas Sowell

Topics: Economics Quotes, Politics Quotes

People who identify themselves as conservatives donate money to charity more often than people who...

People who identify themselves as conservatives donate money to charity more often than people who...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Liberals seem to assume that, if you don't believe in their particular political solutions, then...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

It is amazing that people who think we cannot afford to pay for doctors, hospitals,...

It is amazing that people who think we cannot afford to pay for doctors, hospitals,...

People who enjoy meetings should not be in charge of anything.

People who enjoy meetings should not be in charge of anything.

What is ominous is the ease with which some people go from saying that they...

What is ominous is the ease with which some people go from saying that they...

One of the consequences of such notions as entitlements is that people who have contributed...

One of the consequences of such notions as entitlements is that people who have contributed...

The big divide in this country is not between Democrats and Republicans, or women and...

The big divide in this country is not between Democrats and Republicans, or women and...

Too much of what is called education is little more than an expensive isolation from...

Too much of what is called education is little more than an expensive isolation from...

Force is the antithesis of freedom, but force must be used, if only to defend...

Force is the antithesis of freedom, but force must be used, if only to defend...

Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.

Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.

The least productive people are usually the ones who are most in favor of holding...

The least productive people are usually the ones who are most in favor of holding...

Liberalism is totalitarianism with a human face.

Liberalism is totalitarianism with a human face.

Mystical references to society and its programs to help may warm the hearts of the...

Mystical references to society and its programs to help may warm the hearts of the...

Someone once said that a fool can put on his coat better than a wise...

Someone once said that a fool can put on his coat better than a wise...

The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but...

The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

Capitalism knows only one color: that color is green; all else is necessarily subservient to...

If the battle for civilization comes down to the wimps versus the barbarians, the barbarians...

If the battle for civilization comes down to the wimps versus the barbarians, the barbarians...

Mystical references to society and its programs to help may warm the hearts of the...

Mystical references to society and its programs to help may warm the hearts of the...

Freedom has cost too much blood and agony to be relinquished at the cheap price...

Freedom has cost too much blood and agony to be relinquished at the cheap price...