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Quote by Thomas Sowell

“The dominant orthodoxy in development economics was that Third World countries were trapped in a vicious cycle of poverty that could be broken only by massive foreign aid from the more prosperous industrial nations of the world. This was in keeping with a more general vision on the Left that people were essentially divided into three categories - the heartless, the helpless, and wonderful people like themselves, who would rescue the helpless by playing Lady Bountiful with the taxpayers' money.”

Quote by Thomas Sowell

Book:Ever Wonder Why?: and Other Controversial Essays
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Ever Wonder Why?: and Other Controversial Essays

This book delves into a range of contentious issues, offering in-depth analysis and discussion on topics that provoke thought and debate. more

Author

Thomas Sowell
Thomas Sowell

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

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