there’s no better reference than the great American economist Thomas Sowell. Sowell was born into a family of North Carolina sharecroppers in 1930. He began his career as an ardent socialist ...

As the United States faces a serious rising economic competitor in China, some Americans are concerned the country isn’t ...

Economist Thomas Sowell writes in his work Basic Economics: “Monopoly is the enemy of efficiency, whether under capitalism or socialism. Even in a mixed economy, with some economic activities ...

Here’s Milton Friedman, who won a Nobel prize and was the most important economist of the 20th century, on tariffs: “We call a tariff a protective measure. It does protect; it protects the consumer ...