Tariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.

Quote by Thomas Sowell

Topics: Thomas Sowell Quotes

The most fundamental fact about the ideas of the political left is that they do...

The most fundamental fact about the ideas of the political left is that they do...

The real goal should be reduced government spending, rather than balanced budgets achieved by ever...

The real goal should be reduced government spending, rather than balanced budgets achieved by ever...

The first lesson of economics is scarcity: There is never enough of anything to satisfy...

The first lesson of economics is scarcity: There is never enough of anything to satisfy...

Actually lowering the cost of insurance would be accomplished by such things as making it...

Actually lowering the cost of insurance would be accomplished by such things as making it...

People who claim that sentencing a murderer to life without the possibility of parole protects...

People who claim that sentencing a murderer to life without the possibility of parole protects...

You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and...

You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and...

Mistakes can be corrected by those who pay attention to facts but dogmatism will not...

Mistakes can be corrected by those who pay attention to facts but dogmatism will not...

The most basic question is not what is best, but who shall decide what is...

The most basic question is not what is best, but who shall decide what is...

Elections should be held on April 16th- the day after we pay our income taxes....

Elections should be held on April 16th- the day after we pay our income taxes....

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...

It is amazing how many of those who consider themselves hinking people respond automatically to...

It is amazing how many of those who consider themselves hinking people respond automatically to...

The welfare state is not really about the welfare of the masses. It is about...

The welfare state is not really about the welfare of the masses. It is about...

The next time some academics tell you how important diversity is, ask how many Republicans...

The next time some academics tell you how important diversity is, ask how many Republicans...

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...

There are few things more dishonorable than misleading the young.

There are few things more dishonorable than misleading the young.

Facts do not speak for themselves. They speak for or against competing theories. Facts divorced...

Facts do not speak for themselves. They speak for or against competing theories. Facts divorced...

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...

First there was racism. Then liberals created institutional racism and coded racism. You can only...

First there was racism. Then liberals created institutional racism and coded racism. You can only...

Why is it that right-wing bastards always stand shoulder to shoulder in solidarity, while liberals...

Why is it that right-wing bastards always stand shoulder to shoulder in solidarity, while liberals...