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Basic Economics 3rd Ed: A Common Sense Guide to the Economy (Hardcover) by Thomas Sowell (Author) Key Phrases: greater physical scarcity, myths about markets, incremental substitution, United States, Basic Economics, Third World (more...)
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Posts: 2069 | From: Texas | Registered: Sep 2008
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What does the book say about the myths about markets and incremental substitution?
Posts: 4165 | From: jamaica | Registered: May 2008
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I would so love to hear Patriot's take on the myths about markets and incremental substitution.
Posts: 4165 | From: jamaica | Registered: May 2008
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Thomas Sowell is a well educated man. I never read any of his books but I have read some of his articles online. He knows his economics. As far as his political views, I cannot endorse.
Contrary to what many think, he does adress the extreme right's disturbinly anti black bias.
Posts: 8675 | From: Tukuler al~Takruri as Ardo since OCT2014 | Registered: Feb 2003
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ausar, Sowell thinks the black community would prosper under his views. He sees black americans JOINING the investment class.
Posts: 2069 | From: Texas | Registered: Sep 2008
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LOL, black Americans have been a part of the investment community as long as America has had an investment community. Opinions to the contrary are but more worthless klan propaganda.
Posts: 3595 | From: Moved To Mars. Waiting with shotgun | Registered: Dec 2006
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Sowell is not a serious economist at all. His writings, though copious, are very simple-minded and I would say a very, very, lightweight version of Milton Friedman. he is more of a right wing pamphleter than a serious economist. He is not as clownly and empty as Walter Williams but is an intellectual lightweight nevertheless.
Posts: 5492 | Registered: Nov 2004
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