Thomas Sowell is an economist who has written extensively. This is the second book of his that I have read. This book was relatively short but it took me longer than I thought it would to finish it.
Sowell writes “The difference between seeing economic disparities as due to differences in the production of wealth and seeing those disparities as due to the transfer of wealth from some people to other people is fundamental. History shows that either cause of economic disparities can prevail at particular times and places.”
Sowell covers many topics that address economics. When discussing poverty he writes “Isolation is a recurring factor in poverty and backwardness around the world.”
This book discusses geography and culture and the role those play in economic development. Corruption, government inefficiency, and minimum wage laws are additional topics. Sowell writes “More than simple mistakes are involved in promoting a culture of dependency among those whom government statisticians have chosen to define as living in poverty. A dependent voting constituency is very valuable to politicians”
Sowell also spend time discussing equality. He notes “Whatever the merits of any particular definition of equality of outcomes what must be faced are the consequences of perpetually promoting a fervent crusade perpetually frustrated by its own internal contradictions but whose frustration is instead blamed on some human enemies of a sacred cause.”
There is a lot of information in this book. It presents several theories about economics and can be used for thought provoking discussion. However I had a hard time getting through it and was ready for it to be over by the time I got to the end.
Overall I rate it 3 out of 5 stars.
Thomas Aquinas is credited as one of the greatest proponents of natural law. During his time in Cologne he was taught by Albertus Magnus. Magnus used the teachings of Aristotle in his mentorship of Thomas Aquinas.
Samuel Adams believed in American Independence from Great Britain. He is one of the most well know Son's of Liberty. On August 1, 1776 he gave a speech to the Continental Congress in Philadelphia.
The Mount of Forty Springs, Zagros Mountains, Iran Saturday 11:30 PM
By the dim light of torches seven hooded figures made their ascent up the nearly invisible path. Thirty minutes had passed since they began hiking off the established trail. A person who had never traveled this path would not have been able to find it.
These men were not making their first journey. Each had traveled this path as part of a group and individually. Even without the torches each man would find the destination without difficulty. Some things could never be forgotten.
In silence they made their final steps. Amidst the juniper and oak trees stood a single cedar tree. They had arrived at their destination. Concealed amidst the undergrowth was a small cave. Sliding a large bolder away from the back of the cave revealed a secret stairwell.
The men could not be completely at ease yet, but the most physically demanding portion of their journey was over. From this point things would be more psychologically challenging and each man would handle those struggles...
