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Sowell makes three basic arguments. First, he examines the economic impact of slavery, in the United States, the West Indies, and elsewhere.He distinguishes rural slavery from urban slavery, and circumstances in which blacks so predominated that many economic tasks fell to them of necessity, from circumstances in which blacks were punished for initiative and the development of skills.
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 ...
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 .
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.
The fifth essay features Sowell's discussion of the early days of Dunbar High School in Washington, DC, and its eventual deterioration from its place of prominence in early black education, which Sowell argues to be a direct consequence of the famed Brown v. Board of Education decision of the US Supreme Court.
Sowell's book has been published both with and without the subtitle "Ideological Origins of Political Struggles". Steven Pinker's book The Blank Slate calls Sowell's explanation the best theory given to date. [2] In his book, Pinker refers to the "unconstrained vision" as the "utopian vision" and the "constrained vision" as the "tragic vision". [3]
Applied Economics: Thinking Beyond Stage One (ISBN 0465081436) is a 2003 nonfiction work by economist Thomas Sowell. The second edition ( ISBN 978-0465003457 ) came out in 2008. Sowell discusses how basic economics is generally misapplied because politicians think only in Stage One. [ 1 ]
Sowell argues that American thought is dominated by a "prevailing vision" which seals itself off from any empirical evidence that is inconsistent with that vision. The book challenges people Sowell refers to as " Teflon prophets," who predict that there will be future social, economic, or environmental problems in the absence of government ...