The Words of Thomas Sowell
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As of 1948, during this period of no effective minimum wage law, the unemployment rates of both black and white teenagers were just a fraction of what they would become in later years, as minimum wage rates began rising in the 1950s to catch up, and then keep up, with inflation in later years.
— Discrimination and Disparities (2018)
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Intellectuals give people who have the handicap of poverty the further handicap of a sense of victimhood.
— Intellectuals and Society (2009)
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You might think that the collapse of communism throughout Eastern Europe would be considered a decisive failure for Marxism, but academic Marxists in America are utterly undaunted. Their paychecks and their tenure are unaffected. Their theories continue to flourish in the classrooms and their journals continue to litter the library shelves.
— The Thomas Sowell Reader (2011)
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