Given that most economics professors are Marxists, I wouldn't be so sanguine as to proffer that position as any indication of knowledge or expertise. My economics adviser in college specialized in game theory as applies to betting on horse races.I'm pretty sure since he teaches economics, he probably understands the free market.
Sowell himself was a Marxist - until, at age 30, he studied the effect of the "minimum wage" law and determined that it hurt the people it purported to help.Just because the media celebrates Dr. Sowell
In what universe has that ever happened?doesn't mean he always knows what he's talking about.
No, it wouldn't, even if it were true.And the race is not to the swift, nor the battle to the strong, either. But that is the way to bet them.
After three decades of following Professor Sowell's writing, I am blithe to say that my money would be on him in any intellectual argument with anyone who was fool enough to take for granted that they had a better grasp of economics, and more wisdom, than he.
I beat him on the impact of regulation on land use, hands down. Frankly, by comparison, both his arguments and his data are childishly over-simplified. His work is designed for a popular audience; it is by no means innovative.
An outstanding and professional post, cIc.