Thomas Sowell Quotes About Economists

Quotes about: Economists

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

  Thomas Sowell

  Scarcity, Lessons, Politics

  Thomas Sowell (1993). “Is Reality Optional?: And Other Essays”, Hoover Inst Press

• There are only two economists in Congress and hundreds of lawyers. Does that explain why the government is in such a mess?

  Thomas Sowell

  Government, Two, Doe

• You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.

  Thomas Sowell

  Political, Teeth, Analysis

  Thomas Sowell (2011). “Dismantling America and Other Controversial Essays (Large Print 16pt)”, p.396, ReadHowYouWant.com

• Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people of that.

  Thomas Sowell

  Lunch, People, Economics

  Thomas Sowell (2013). “Ever Wonder Why?: and Other Controversial Essays”, p.56, Hoover Press

• As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.

  Thomas Sowell

  Shoes, Waiting, Economist

• With various people complaining about "price gouging?... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused of either "greed" or "gouging" ? not even when they bulldoze people's homes in order to turn.

  Thomas Sowell

  Home, Government, Order

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