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Where does Thomas Sowell rank as an economists?
Posted on 12/21/16 at 8:46 pm
Posted on 12/21/16 at 8:46 pm
I'd say he's one of the top economist his era
11
Posted on 12/21/16 at 8:49 pm to hsfolk
I am reading his basic economics text right now.
He is very bright, that's all I can say.
He is very bright, that's all I can say.
Posted on 12/21/16 at 8:49 pm to hsfolk
I think of him more as a philosopher. He may be a great economist, but in my opinion, his greatest work is in social philosophy.
Posted on 12/21/16 at 8:50 pm to hsfolk
Mt. Rushmore
Posted on 12/21/16 at 8:54 pm to hsfolk
I'm not informed enough in economics to comment on that but I love his columns.
Posted on 12/21/16 at 9:00 pm to hsfolk
Marine. Complete transformation in political and economic beliefs.
He should be held up as a role model for minorities, and held up as what conservativism can mean for someone who was as opposed to it as he was at one time.
He should be held up as a role model for minorities, and held up as what conservativism can mean for someone who was as opposed to it as he was at one time.
Posted on 12/21/16 at 9:01 pm to AlwysATgr
1- Adam Smith
2 Milton Freidman
3- Thomas Sowell
2 Milton Freidman
3- Thomas Sowell
Posted on 12/21/16 at 9:07 pm to golfntiger32
quote:
1- Adam Smith
2 Milton Freidman
3- Thomas Sowell
Posted on 12/21/16 at 9:09 pm to joshnorris14
Adam Smith was a proponent of the labor theory of value.
Posted on 12/21/16 at 9:10 pm to golfntiger32
quote:This isn't a knock on Sowell, as I think he focused his intellect elsewhere, but what were his major contributions to economics?
1- Adam Smith
2 Milton Freidman
3- Thomas Sowell
Again. It seems that he focused more on social theory than economic theory as a professional.
Posted on 12/21/16 at 9:12 pm to buckeye_vol
The most profound economist (AND social theorist) to ever exist imo was hayek. He was probably one of ten people to reach the sublime when it came to explaining liberty and the origin of society.
Posted on 12/21/16 at 9:15 pm to HailHailtoMichigan!
quote:Yeah. And his contributions were well-known in both areas.
The most profound economist (AND social theorist) to ever exist imo was hayek. He was probably one of ten people to reach the sublime when it came to explaining liberty and the origin of society.
Again, I'm not knocking Sowell, as I think he could have used his economics background to be one of the great economists, but he didn't seem to focus much on actual economic theory and research.
Posted on 12/21/16 at 9:17 pm to HailHailtoMichigan!
quote:
The most profound economist (AND social theorist) to ever exist imo was hayek.
Hayek was not an especially profound social theorist. His greatest work in social theory was piggybacking on Mises Theory of Economic Calculation.
There are plenty of Austrian's to pick from in that category.
Mises is obviously the top economist. Bahm Baework and Menger are even up there. As far as social theory you can fap to Rothbard and Hoppe
Posted on 12/21/16 at 9:28 pm to joshnorris14
quote:
His greatest work in social theory was piggybacking on Mises Theory of Economic Calculation.
A few points
1) Mises was not the first economist to bring up the calculation problem. He was the first to devote a significant portion of his life to articulating it and formally addressing it, but Hermann Heinrich Gossen in 1854 wrote about it, as did Walter Bagehot, Philip Wicksteed, and several others, even Max Weber.
2) Hayek's greatest contribution was spontaneous order and critiquing scientism.
Posted on 12/21/16 at 9:35 pm to hsfolk
A lot of his economics books are well tread stuff. Basic economics is like a denser version of economics in one lesson. His boom and bust book is very thought provoking.
IMO, his best work is history involving different ethnic groups and the economics behind it.
IMO, his best work is history involving different ethnic groups and the economics behind it.
Posted on 12/21/16 at 9:35 pm to HailHailtoMichigan!
quote:
1) Mises was not the first economist to bring up the calculation problem. He was the first to devote a significant portion of his life to articulating it and formally addressing it, but Hermann Heinrich Gossen in 1854 wrote about it, as did Walter Bagehot, Philip Wicksteed, and several others, even Max Webe
While this is true, it lacks context. Mises spent the 1920's successfully intellectually destroying the foundation of Socialism.
quote:
2) Hayek's greatest contribution was spontaneous order and critiquing scientism.
I'll give you this, but I think his work on the Hayekian Triangle was much more important than his development of a theory of spontaneous order. Of course that also piggybacked off of Mises work on Austrian Business Cycle Theory.
There is a theme, Hayek gets credited for standing on Mises shoulders
I'd also like to add another lol @ Adam Smith
Posted on 12/21/16 at 9:36 pm to HailHailtoMichigan!
quote:
The most profound economist (AND social theorist) to ever exist imo was hayek.
you misspelled marx, hombre.
Posted on 12/21/16 at 9:37 pm to Bunsbert Montcroff
quote:
you misspelled marx, hombre.
Labor Theory of LOL
Posted on 12/21/16 at 9:44 pm to joshnorris14
quote:
Mises is obviously the top economist.
quote:
Rothbard and Hoppe
In that order.
Posted on 12/21/16 at 9:46 pm to MrCarton
I get it, but Rothbard and Hoppe aren't typical economists as much as they are social theorists.
Well Rothbard was pretty much everything.
Well Rothbard was pretty much everything.
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