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Thomas Sowell Quotes: A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.
         

A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.


Thomas Sowell
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"Thomas Sowell Quotes." Quoteslyfe.com, 2024. Thu. 02 May. 2024. <https://www.quoteslyfe.com/quote/A-shortage-is-a-sign-that-somebody-1110038>.





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Other quotes of Thomas Sowell


It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.



When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.



Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'

Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'



It takes considerable knowledge just to realize the extent of your own ignorance.

It takes considerable knowledge just to realize the extent of your own ignorance.



Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.

Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.



The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.



Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.

Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.



I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.



Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.



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.

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.





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When I connect with the animals around me, I connect with their soul. I believe where there is a soul, there is a journey and a purpose.

When I connect with the animals around me, I connect with their soul. I believe where there is a soul, there is a journey and a purpose.



What makes you think children like childish things? Don't tell them how to be children. They want to grow up.

What makes you think children like childish things? Don't tell them how to be children. They want to grow up.



I push myself to be the best I can be. I don't worry about what other people are doing, and I don't think about things I can't control.

I push myself to be the best I can be. I don't worry about what other people are doing, and I don't think about things I can't control.



The genius' behind the new Rocky movie decided to call it Rocky Balboa so that we'll probably forget that it's number six. Or Rocky Balboa can't count past five.

The genius' behind the new Rocky movie decided to call it Rocky Balboa so that we'll probably forget that it's number six. Or Rocky Balboa can't count past five.



I have nothing but respect for you -- and not much of that.

I have nothing but respect for you -- and not much of that.



We need to continue to make the case that Michigan is where you ought to be.

We need to continue to make the case that Michigan is where you ought to be.



One of the major reasons why people are not doing well is because they keep trying to get through the day. A more worthy challenge is to try to get from the day.

One of the major reasons why people are not doing well is because they keep trying to get through the day. A more worthy challenge is to try to get from the day.



Behind each triumph are new peaks to be conquered.

Behind each triumph are new peaks to be conquered.



Writing has never been that simple for me.

Writing has never been that simple for me.



Sometimes it is hell, trying to get to heaven.

Sometimes it is hell, trying to get to heaven.




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This page presents the quote "A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.". Author of this quote is Thomas Sowell. This quote is about would be, shortage, supply and demand, demand,.