Thomas Sowell, (1930- ) Writer and economist Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page Thomas Sowell Quote “The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.”Thomas Sowell ~ Thomas Sowell (1930- ) Writer and economist Economics , Socialism , Communism , Statism , Superiority , Power Ratings and Comments Reply Mike, Norwalk 1/18/17 Socialism erroneously supposes a blanket of superiority over a whole economy (fiscal law), corporeal man's relationship to commerce (legal positivism), the individual sovereign's inalienable rights (perfected allodium, liberty, etc.) and all else as is defined by natural law. 1 Reply Jim K, Austin 1/18/17 Thomas Sowell hits the nail on the head as he usually does. Reply Ronw13, Oregon 1/18/17 Reply Jack, Phoenix 1/18/17 Oh, yeah? Well same goes for trickle down and supply side economics! 1 Reply E Archer, NYC 1/19/17 "Trickle-down" and "supply-side economics" are nothing more than the same socialist non-sense as the source for either was government spending with borrowed funds. The economy flourishes unaided and unsubsidized -- that is why it is such a common target for taxation. Central control ultimately becomes monopoly, which are anathema to a flourishing economy. Greed is no less found among communists and socialists than kings and emperors. The truth is unfortunate, the central banks rule the world with all nations paying tribute or else -- talk about blanket superiority. SaveOk2 SaveOk2 View CommentsClick to view or comment. Share on Facebook Tweet Email Print This Thomas Sowell quote is found in these categories: Economics quotes Socialism quotes Communism quotes Statism quotes Superiority quotes Power quotes About Thomas Sowell Bio of Thomas Sowell Quotations by Thomas Sowell Books by/about Thomas Sowell Thomas Sowell videos Thomas Sowell on Wikipedia Astrological chart for Thomas Sowell