Quote of the Day — Thomas Sowell
May 27, 2021
The most fundamental fact about the ideas of the political left is that they do not work. Therefore, we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive. — Thomas Sowell
1930–present
View All Quotes by Thomas Sowell →Thomas Sowell
1930–present
Thomas Sowell (born 1930) is a preeminent economist, social theorist, and prolific author whose work combines rigorous economic analysis with moral clarity about the consequences of policies. A senior fellow at the Hoover Institution at Stanford University, Sowell holds a doctorate in economics from the University of Chicago, where he studied under George Stigler. His career spans university teaching, government service, and extensive writing addressing economic policy, race relations, education, and the unintended consequences of government programs. Sowell approaches contentious social issues with the discipline of economic analysis rather than ideological assumption. Sowell’s extensive publications include Knowledge and Decisions, The…
View All Quotes by Thomas Sowell →From the Show
Thomas Sowell’s observation on leftist ideology opened Kim Monson’s examination of forced minimum wage policy on the May 27, 2021 broadcast, setting the stage for entrepreneur Hal Van Hercke’s detailed analysis of how such policies harm the small businesses that drive the American economy.
From the Same Day
May 27, 2021
Word of the Day
Incentive
Something that motivates or encourages someone to take a particular action; a reward or benefit offered to stimulate effort or…
Explore Word →Today’s Episode
Forced Minimum Wage Hurts Small Business and Workers Alike
Hal Van Hercke exposes how forced minimum wage destroys small business, while Dr. Jill Vecchio warns vaccine incentives may turn coercive. May 27, 2021.
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