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.

Quote by Thomas Sowell

Topics: Thomas Sowell Quotes

What is more frightening than any particular policy or ideology is the widespread habit of...

What is more frightening than any particular policy or ideology is the widespread habit of...

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 you are not prepared to use force to defend civilization, then be prepared to...

If you are not prepared to use force to defend civilization, then be prepared to...

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.

If you have always believed that everyone should play by the same rules and be...

If you have always believed that everyone should play by the same rules and be...

The assumption that spending more of the taxpayer's money will make things better has survived...

The assumption that spending more of the taxpayer's money will make things better has survived...

Socialism in general has a record of failure so blatant that only an intellectual could...

Socialism in general has a record of failure so blatant that only an intellectual could...

Liberalism is totalitarianism with a human face.

Liberalism is totalitarianism with a human face.

The government is neither a monolith nor simply the public interest personified.

The government is neither a monolith nor simply the public interest personified.

One of the most pervasive political visions of our time is the vision of liberals...

One of the most pervasive political visions of our time is the vision of liberals...

The real minimum wage is zero.

The real minimum wage is zero.

It is hard to imagine a more stupid or more dangerous way of making decisions...

It is hard to imagine a more stupid or more dangerous way of making decisions...

When you want to help people, you tell them the truth. When you want to...

When you want to help people, you tell them the truth. When you want to...

The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened...

The simplest and most psychologically satisfying explanation of any observed phenomenon is that it happened...

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn...

Tariffs that save jobs in the steel industry mean higher steel prices, which in turn...

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 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...

The regard one shows economy, is like that we show an old aunt who is...

The regard one shows economy, is like that we show an old aunt who is...

Henry Ford was right. A prosperous economy requires that workers be able to buy the...

Henry Ford was right. A prosperous economy requires that workers be able to buy the...

Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.

If politics is to become scientific, and if the event is not to be constantly...

If politics is to become scientific, and if the event is not to be constantly...