“Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.”
Exploring the fundamental concepts and theories of economics, this book offers a clear and accessible guide to understanding the economic principles that shape our world. more
Thomas Sowell is a renowned economist, born on June 30, 1930. His research spans across various fields such as economic policy, race, and social issues, having a profound impact on economics and the social sciences. more
“When you start paying people to be poor, you wind up with an awful lot of poor people.”
“The wind in a man's face makes him wise.”