
Thomas Sowell
Senior Fellow, Hoover Institution
1930 — Present
The Economics Realist. Master of applied economics to social problems. Rational critique of utopian thinking and advocate for evidence-based policy over ideology.
Highlights
Selected wisdom from 4 entries
“The most fundamental question is not what decision to make but who is to make it—through what processes and under what incentives and constraints, and with what feedback mechanisms to correct the decision if it proves to be wrong.”