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Wealth, Poverty and Politics: An International Perspective is a book by American economist and social theorist Thomas Sowell. It was originally published by Basic Books in 2015, with an updated version published in 2016.
Sowell, a Black man who overcame abject poverty and constant discrimination, served our nation as a Marine during the Korean war. He took night classes at Howard University while working odd jobs.
Thomas Sowell (/ s oʊ l / SOHL; born June 30, 1930) is an American economist, economic historian, social philosopher and political commentator. He is a senior fellow at the Hoover Institution . [ 1 ] [ 2 ] With widely published commentary and books—and as a guest on TV and radio—he is a well-known voice in the American conservative ...
This brings me to yet another Sowell quote: "Since wealth is the only thing that can cure poverty, you might think that the left would be as obsessed with the creation of wealth as they are with ...
In 2008, the wealth gap in terms of percentage of total income in the United States between the top 1% and 5% was 7% and the gap between the top 1% and top 10% was 9%. This is an 11% reversal from the respective percentage shares of income held by these groups in 1963. Income inequality clearly accelerated beginning in the 1980s.
In these highlights from a 2011 interview with Hudson Institute's Peter Robinson, economist Thomas Sowell talks about race and culture, income disparity, and education and academia. Video Images ...
Thomas Sowell, a proponent of supply-side economics, says that trickle-down economics have never been advocated by any economist, writing in his 2012 book "Trickle Down" Theory and "Tax Cuts for the Rich" that "The 'trickle-down' theory cannot be found in even the most voluminous scholarly studies of economic theories."
Basic Economics is a non-fiction book by American economist Thomas Sowell published by Basic Books in 2000. The original subtitle was A Citizen's Guide to the Economy, but from the third edition in 2007 on it was subtitled A Common Sense Guide to the Economy.