Friday, March 25, 2011

Great Quotes From Thomas Sowell On Economics & Politics

Hat Tip: Mark Perry of CARPE DIEM.

1. "Economists are often asked to predict what the economy is going to do. But economic predictions require predicting what politicians are going to do-- and nothing is more unpredictable."

2. “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.”

~Thomas Sowell

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