“Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders. ”
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“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.”
― Is Reality Optional? And Other Essays
― Is Reality Optional? And Other Essays
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.”
― The Thomas Sowell Reader
― The Thomas Sowell Reader
“Since this is an era when many people are concerned about 'fairness' and 'social justice,' what is your 'fair share' of what someone else has worked for?”
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“It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.”
― Knowledge and Decisions
― Knowledge and Decisions
Bob’s 2025 Year in Books
Take a look at Bob’s Year in Books, including some fun facts about their reading.
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