"An enlarged edition of Thomas Sowell's brilliant examination of the origins of economic disparities
Economic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics. Others believe that those who are less fortunate are victims of the more fortunate.
Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics. This revised and enlarged edition also analyzes the human consequences of the prevailing social vision of these disparities and the policies based on that vision--from educational disasters to widespread crime and violence."
"Say’s Law―the idea that “supply creates its own demand”―has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline, the “general glut controversy” that reached a peak in the 1820s, and the Keynesian Revolution of the 1930s. These controversies not only involved almost every noted economist of the time but had repercussions on basic economic theory, methodology, and sociopolitical theory.
This book, the first comprehensive coverage of the subject, is an indispensable addition to the history of economic thought. It is also relevant to all social sciences concerned with economic prosperity, with the nature of intellectual orthodoxy and insurgency, or with the complex relationships among ideology, concepts, and policies.
Originally published in 1972."
"A reexamination of classical economic theory and methods, by a senior economist of international stature
Thomas Sowell’s many writings on the history of economic thought have appeared in a number of scholarly journals and books, and these writings have been praised, reprinted, and translated in various countries around the world. The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession. On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook’s tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi—and why it was neglected—and a detailed look at John Stuart Mill’s enigmatic role in the development of economics and the mysteries of Marxian economics. Clear and engaging, without being either cute or condescending, On Classical Economics can enable a course on the history of economic thought to make a contribution to students’ understanding of economics in general—whether in price theory, monetary theory, or international trade. In short, it is a book about analysis as well as history."
"A Man of Letters traces the life, career, and commentaries on controversial issues of Thomas Sowell over a period of more than four decades through his letters to and from family, friends, and public figures ranging from Milton Friedman to Clarence Thomas, David Riesman, Arthur Ashe, William Proxmire, Vernon Jordan, Charles Murray, Shelby Steele, and Condoleezza Rice. These letters begin with Sowell as a graduate student at the University of Chicago in 1960 and conclude with a reflective letter to his fellow economist and longtime friend Walter Williams in 2005."
"An eminent authority presents a new perspective on affirmative action in a provocative book that stirred fresh debate about this vitally important issue when it was published in 2005.
In this important book, an eminent authority presents a new perspective on affirmative action, investigating its actual consequences in the United States and in other countries where it has been in effect. Evaluating his empirical data, Thomas Sowell concludes that race preference programs worldwide have not met expectations and have often produced the opposite of what was originally intended."
"In this fifth edition of Basic Economics, Thomas Sowell revises and updates his popular book on commonsense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.
Basic Economics, which has now been translated into six languages and has additional material online, remains true to its core principle: that the fundamental facts and principles of economics do not require jargon, graphs, or equations and can be learned in a relaxed and even enjoyable way."
"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 stand up to documented facts, which are often the opposite of what is widely believed.
However attractive the social justice vision, the crucial question is whether the social justice agenda will get us to the fulfillment of that vision. History shows that the social justice agenda has often led in the opposite direction, sometimes with catastrophic consequences.
More things are involved besides simply mistakes. All human beings are fallible, and social justice advocates may not necessarily make any more mistakes than others. But crusaders with an utter certainty about their mission are often undeterred by obstacles, evidence or even fatal dangers. That is where much of the Western world is today. The question is whether we will continue on heedlessly, past the point of no return."
"Thomas Sowell takes aim at a range of legal, social, racial, educational, and economic issues in this latest collection of his controversial, never boring, always thought-provoking essays. From 'gun control myths' to 'mealy mouth media' to 'free lunch medicine,' Sowell gets to the heart of the matters we all care about with his characteristically unsparing candor."
"One of conservatism's most articulate voices dissects today's most important economic, racial, political, education, legal, and social issues, sharing his entertaining and thought-provoking insights on a wide range of contentious subjects."
"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 retarded, a mistake that is doubly hard on parents who must first worry about their apparently handicapped children and then see them lumped into special classes and therapy groups where all the other children are clearly very different. Since he first became involved in this issue in the mid-90s, Sowell has joined with Stephen Camarata of Vanderbilt University, who has conducted a much broader, more rigorous study of this phenomenon than the anecdotes reported in Late-Talking Children. Sowell can now identify a particular syndrome, a cluster of common symptoms and family characteristics, that differentiates these late-talking children from others; relate this syndrome to other syndromes; speculate about its causes; and describe how children with this syndrome are likely to develop."
"Thomas Sowell challenges all the assumptions of contemporary liberalism on issues ranging from the economy to race to education in this collection of controversial essays, and captures his thoughts on politics, race, and common sense with a section at the end for thought-provoking quotes."
