Anyone who has actually had to take responsibility for consequences by running any kind of enterprise — whether economic or academic, or even just ma… - Thomas Sowell

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Anyone who has actually had to take responsibility for consequences by running any kind of enterprise — whether economic or academic, or even just managing a sports team — is likely at some point to be chastened by either the setbacks brought on by his own mistakes or by seeing his successes followed by negative consequences that he never anticipated.

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About Thomas Sowell

Thomas Sowell (born June 30, 1930) is an American economist and political commentator. He taught economics at Cornell University, the University of California, Los Angeles, and since 1980 at the Hoover Institution at Stanford University, where he is currently Senior Fellow.

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Additional quotes by Thomas Sowell

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.

Wrongs abound in times and places around the world - inflicted on, and perpetrated by, people of virtually every race, creed and color. But what can any society today hope to gain by having newborn babies in that society enter the word as heirs to prepackaged grievances against other babies born into that same society on the same day.

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In its pursuit of justice for a segment of society, in disregard of the consequences for society as a whole, what is called 'social justice' might more accurately be called anti-social justice, since what consistently gets ignored or dismissed are precisely the costs to society. Such a conception of justice seeks to correct, not only biased or discriminatory acts by individuals or by social institutions, but unmerited disadvantages in general, from whatever source they may arise.

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