Posts Tagged ‘socialism’

Supporting Socialism Requires Head-In-Sand

This quote from Thomas Sowell just came across twitter (@ThomasSowell).  As is usual from the distinguished professor, it is exquisitely pithy. It also shines a light once again on the “assume a can opener” thinking infecting the ivory tower.

“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.”

– Thomas Sowell

Many years ago a textbook of his was assigned in a macroeconomics class I took at Northwestern University. I really must drag it out and read it again. (Otherwise, what was the point in saving it for the last 30+ years?)

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