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In short, the sequence of payments is directly the opposite of what is assumed by those who talk about a “trickle-down” theory. The workers must be paid first and then the profits flow upward later— if at all.

— Thomas Sowell

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More quotes by Thomas Sowell

Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.

Knowledge and Decisions (1980)

If there is one thing that is bipartisan in Washington, it is brazen hypocrisy.

Ideas are everywhere, but knowledge is rare.

Knowledge and Decisions (1980)

The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy.

Racism has never done this country any good, and it needs to be fought against, not put under new management for different groups.

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Attribution

Quote text and notes from Wikiquote: Thomas Sowell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.