Book Review – Wealth, Poverty and Politics
Book Review: Sowell, Thomas. 2016. Wealth, Poverty and Politics . 2 edition. New York: Basic Books. Thomas Sowell is a world renown African American economist. He is a fellow of the Hoover Institute, Stanford University, USA. He is known for his straight forward logical and undaunted views. Looking at the corpus of his vast amount of work, he should’ve long been a recipient of the Swedish National Bank prize in Economic Science in memory of Alfred Nobel. I think he hasn’t won this prize only because of his politically incorrect ideas, which are hard for the establishment to digest. Dr. Sowell’s work on the factors affecting wealth and poverty of individuals and nations is very important but mostly neglected. All his life’s research work in this field is contained in one of his magnum opuses Wealth, Poverty and Politics . Let us see what Dr. Sowell has to say about the causes of wealth and poverty. Causes of Poverty About the causes of poverty, and causes of pover...