All Posts Tagged With: "Thomas Sowell"

Knowledge and Decisions

Ms. Shaw is a senior associate at PERC in Bozeman, Montana. Physicists tell us that a solid rock is mostly empty space interspersed with occasional dense specks of matter. “In much the same way,” says Thomas Sowell, “specks of knowledge are scattered through a vast emptiness of ignorance, and everything depends upon how solid the [...]

1May1996 | | 1 comment | Continued

. . . Paved With Good Intentions

Mr. Bidinotto is a long-time contributor to Reader’s Digest and The Freeman, and a lecturer at FEE seminars. Criminal Justice? The Legal System versus Individual Responsibility, edited by Mr. Bidinotto and published by FEE, is available in a new hardcover edition. Have you ever wondered why so many modern liberals seem to be immune to [...]

1Feb1996 | | 0 comments | Continued

Income Distribution

Despite a voluminous and often fervent literature on “income distribution,” the cold fact is that most income is not distributed: It is earned. People paying each other for goods and services generate income. While many people’s entire income comes from a salary paid to them by a given employer, many others collect individual fees for [...]

1Jan1996 | | 0 comments | Continued

The Vision of the Anointed: Self-Congratulation as a Basis for Social Policy

Dr. DiLorenzo is Professor of Economics in the Sellinger School of Business and Management at Loyola College in Maryland. At a June 1993 luncheon at the Heritage Foundation, I had the privilege of sitting next to Tom Sowell and discussing current events with him. I asked him what he made of the bizarre phenomenon of [...]

1Jan1996 | | 0 comments | Continued

The Economics of Good Intentions

Joe Cobb is the Heritage Foundation’s John M. Olin Fellow in Economics. Thomas Sowell’s book, A Conflict of Visions (1987), is highly recommended for a more detailed discussion of the ideas in this essay. Lawmakers often accuse one another of bad motives, or misguided proposals to help the wrong people. But anyone who runs for [...]

1Aug1995 | | 1 comment | Continued

Race and Culture: A World View

Thomas Sowell, a prolific economist and senior fellow at the Hoover Institution in California, has written an important and heretical book on the relationship between race and culture–heretical, that is, as judged by the prevailing dogmas of social science. Sowell states the obvious, which apparently is not at all obvious to many social scientists: there [...]

1May1995 | | 0 comments | Continued
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