Thomas Sowell
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Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
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"The quest for social justice is a powerful crusade of our time, with an appeal to many different people, for many different reasons. But those who use the same words do not always present the same meanings. Clarifying those meanings is the first step toward finding out what we agree on and disagree on. From there, it is largely a question of what the facts are. Social Justice Fallacies reveals how many things that are thought to be true simply cannot...
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"This book challenges many assumptions about blacks, Jews, Germans, slavery, and education. Plainly written and backed with documented facts, it takes on not only the trendy intellectuals of our times but also such historic interpreters of American life as Alexis de Tocqueville and Frederick Law Olmsted. In a series of long essays, Sowell presents an in-depth look at key beliefs behind many mistaken and dangerous actions, policies, and trends, and...
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Thomas Sowell has a different idea about how economics should be taught. With this groundbreaking introduction to economics, Sowell has thrown out the graphs, statistics, and jargon. Learning economics, he believes, should be relaxing, and even enjoyable. In this new edition, Basic Economics has been revised and expanded to address the new concerns of the twenty-first century. It's focus has become more international, including the range of economic...
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Marxism is a term that many people freely use, but few seem to grasp its implications. Sowell's book is the antidote to this problem. He writes in a fluid and easy-to-follow manner, leading the listener through the Marxian scheme of ideas. Along the way, he shatters some existing interpretations of Marx-interpretations that have developed through repetition rather than through scholarship.
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The painful and baffling mystery as to why some obviously bright children do not begin talking until long after the "normal" time is explored in this book through personal experiences and the findings of scientific research. The author's own experiences as the father of such a child led to the formation of a goup of more than fifty sets of parents of similar children. The anguish and frustration of these parents as they try to cope with children who...
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Here is the gritty, powerful story of Thomas Sowell's life-long education in the school of hard knocks, as the journey took him from Harlem to the Marines, the Ivy League, and a career as a controversial writer, teacher, and economist in government and private industry. It is also the story of the dramatically changing times in which this personal odyssey took place. The vignettes of the people and places that made an impression on Thomas Sowell at...
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Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. Writing in a lively manner that does not require any prior knowledge of economics, Thomas Sowell exposes some of the most popular fallacies about economic issues, including many that are widely disseminated in the media and by politicians: fallacies about urban problems, income differences,...
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This classic work by the distinguished economist traces the history of nine American ethnic groups -- the Irish, Germans, Jews, Italians, Chinese, African-Americans, Puerto Ricans, and Mexicans. Thomas Sowell is a senior fellow at the Hoover Institution, Stanford University. He is the author of dozens of books including Charter Schools and Their Enemies, winner of the 2021 Hayek Book Prize. He is the recipient of numerous other awards, including the...
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It is now more than three decades since the historic Supreme Court decision on desegregation, Brown v. Board of Education. Thomas Sowell takes a tough, factual look at what has actually happened over these decades -- as distinguished from the hopes with which they began or the rhetoric with which they continue, Who has gained and who has lost? Which of the assumptions behind the civil rights revolution have stood the test of time and which have proven...
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Sowell unravels the world of intellectuals in order to illustrate an important social phenomenon: how the thinkers of a society mold that society, leaving an impact on people in every walk of life, even if these thinkers are basically unknown to the world at large.
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The Einstein Syndrome is a follow-up to Late-Talking Children, which established Thomas Sowell as a leading spokesman on the subject of late-talking children. While many children who talk late suffer from developmental disorders or autism, there is a certain well-defined group who are developmentally normal or even quite bright, yet who may go past their fourth birthday before beginning to talk. These children are often misdiagnosed as autistic or...
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"Sowell...argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography,...
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This book is about the great moral issues underlying many of the headline-making political controversies of our times. It is not a comforting book but a book about disturbing and dangerous trends. The Quest for Cosmic Justice shows how confused conceptions of justice end up promoting injustice, how confused conceptions of equality end up promoting inequality, and how the tyranny of social visions prevents many people from confronting the actual consequences...
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How much of a racial group's economic fate is determined by the surrounding society it lives in and how much by internal patterns that follow that same group around the world? Using an international framework to analyze group differences, Sowell has pioneered a new approach for pursuing this important study based on historical experience and empirical data. The results are fascinating and sometimes surprising. For instance, he finds that the social...
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This reissue of Thomas Sowell's classic study of decision making, which includes a preface by the author, updates his seminal work in the context of The Vision of the Anointed. Sowell, one of America's most celebrated public intellectuals, describes in concrete detail how knowledge is shared and disseminated throughout modern society. He warns that society suffers from an ever-widening gap between firsthand knowledge and decision making—a gap that...