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Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.


Thomas Sowell


#earnings #economics #income #socialism #wealth



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About Thomas Sowell





Did you know about Thomas Sowell?

p. Applied Economics: Thinking Beyond Stage One ISBN 0-465-08143-6
2002. ISBN 978-0-300-10775-3.

He is the author of more than 30 books. He dropped out of high school and served in the United States Marine Corps during the Korean War. Since 1980 he has worked at the Hoover Institution at Stanford University.

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