Thomas Sowell

Wealth, Poverty and Politics: An International Perspective

23:26 min
Economics, Politics
328 pages, 2015

In this robust work, renowned economist Thomas Sowell challenges the notion that economic disparities arise primarily from exploitation or discrimination. Sowell's data and history-driven analysis examines the complex interaction of geography, culture, and human capital in shaping the wealth of nations and the fates of peoples. Through an array of both historical and contemporary examples, this short demonstrates how factors like natural resources, cultural values, and the development of skills and knowledge influence economic outcomes. Sowell offers a hard-nosed perspective on the root causes of inequality and poverty, emphasizing the importance of human capital and the unintended consequences of well-intentioned policies. While unflinching in its approach, Sowell's empirical analysis remains palatable and compelling, serving as a guide for developing effective policy as opposed to the sensationalized merry-go-round of misattributed causes.

Thomas Sowell

Thomas Sowell is a renowned economist, social theorist, and senior fellow at the Hoover Institution, Stanford University. He has authored more than 30 books and numerous scholarly articles, focusing on a wide range of topics including economic history, racial inequality, social policy, and political philosophy. Sowell's work is known for its critical analysis of prevailing intellectual trends and his advocacy of free market principles, drawing upon his extensive research in economics, history, and social science. His influential books, such as "Basic Economics," "A Conflict of Visions," and "The Economics and Politics of Race," have made significant contributions to public discourse on economic and social issues, offering insights that challenge conventional wisdom and promote individual liberty and limited government intervention.


Geographic features like waterways, landmass orientation, soil composition and barriers have contributed to unequal development opportunities for different regions throughout history.
Go to chapter

Cover of Wealth, Poverty and Politics: An International Perspective