Wealth, Poverty and Politics

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By Thomas Sowell

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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture.

Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe.

Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.
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On Sale
Sep 6, 2016
Page Count
576 pages
Publisher
Basic Books
ISBN-13
9780465096770

Thomas Sowell

About the Author

Thomas Sowell is a Senior Fellow at the Hoover Institution, Stanford University. For more than half a century, his writings have appeared in both popular and scholarly publications, on both sides of the Atlantic, and his books have been translated into a dozen foreign languages. After a career as an economist in the government, academia and the corporate world, he has since 1980 been a scholar in residence at the Hoover Institution, devoting his efforts to research and writing, on subjects ranging from the history and influence of intellectuals to education and social policies in countries around the world. His website is http://www.tsowell.com.

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