Thomas Sowell Quotes
Surrogate decision making is the common thread in the highly disparate crusades which have captured the imagination and sparked the fervor of the anointed at various times, whether this moral surrogacy was in the form of the eugenics movement, Keynesian economics, or environmentalism. All urgently require the superior wisdom of the anointed to be imposed on the benighted masses, in order to avert disaster.
Thomas Sowell, The Vision of the Anointed: Self-Congratulation as a Basis for Social Policy, Basic Books (1996)
In the Cleveland administration the government needed money and went to J. P. Morgan and other bankers for assistance. The government got the money at extremely unfavorable terms and Cleveland was roundly criticized for only consulting with the bankers and Wall Street houses, that ended up as the beneficiaries of the arrangement:
Out of this quote came the aphorism, “the man in Whitehall knows best.” For commentary on the meaning and intention behind Jay’s aphorism, see Dalyell {599122}
Warning against directions in which the science of eugenics was developing: Bryan had written the speech, but died before he could deliver it. He anticipated the problem of German Nazi eugenics extremism and abuses such as the Tuskegee experiment here in America before others.
Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.