Wednesday, December 28, 2011

Random Thoughts by Thomas Sowell

Random Thoughts by Thomas Sowell, Dec. 27, 2011


What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone else's money openly by force? Robbery. What do you call it when a politician takes someone else's money in taxes and gives it to someone who is more likely to vote for him? Social Justice.

When an organization has more of its decisions made by committees, that gives more influence to those who have more time available to attend committee meetings and to drag out each meeting longer. In other words, it reduces the influence of those who have work to do, and are doing it, while making those who are less productive more influential.

Anyone who studies the history of ideas should notice how much more often people on the political left, more so than others, denigrate and demonize those who disagree with them -- instead of answering their arguments.

The wisest and most knowledgeable human being on the planet is utterly incompetent to make even 10 percent of the consequential decisions that have to be made in a modern nation. Yet all sorts of people want to decide how much money other people can make or keep, and to micro-manage how other people live their lives.

The real egalitarians are not the people who want to redistribute wealth to the poor, but those who want to extend to the poor the ability to create their own wealth, to lift themselves up, instead of trying to tear others down. Earning respect, including self-respect, is better than being a parasite.

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