Homepage / Wise Investors: Free Market Capitalists / Thomas Sowell

Memorial Day - Honor & Remember

Thomas Sowell

Thomas Sowell is an American economist, social theorist, political philosopher, and author.

He writes as an advocate of the free market system; his political views vary between Conservative and Libertarian.

Thomas Sowell has won several awards for his books and essays in economics and is currently a senior fellow at the Hoover Institution at Stanford University.

In the short video above, Thomas Sowell explains his thoughts on Government Economic Intervention.

Expand Video for Better View


Thomas Sowell was born June 30, 1930 in Gastonia, North Carolina.

His father died before he was born, leaving behind Sowell's mother, a housemaid who already had four children. A great-aunt and her two grown daughters adopted Sowell and raised him.

When Sowell was eight, his family moved from North Carolina to a neighborhood in Harlem, New York. He became the first in his family to have an education beyond sixth grade by attending high school.

However, due to a deteriorating home environment and financial problems, he was forced to drop out of high school at age seventeen.

Shortly after leaving high school, he tried out for the Brooklyn Dodgers.  He did not do so well; he did so poorly fielding in the tryout that they sent him home without letting him hit.

At the age of 21, Sowell got drafted into the Korean War and was assigned to be a photographer in the US Marine Corps.

After he received his honorably discharge from the Marines, he attended night classes at Harvard University.

Thomas Sowell graduated from Harvard University in 1958 with a Bachelor of Arts degree in economics.

In addition, he received a Master of Arts in economics from Columbia University in 1959 and a PhD. in economics from the University of Chicago in 1968.

In the video to the left, Thomas Sowell talks about growing up in Harlem and his time in College.

Thomas Sowell has taught economics at Howard University, Cornell, Amherst College, and UCLA.

Since 1980, he has been a Senior Fellow of the Hoover Institution at Stanford University, where he holds a fellowship named after Rose and Milton Friedman, his mentor.

SilverGoldBull - Customer Reviews - 5.0 stars
Free Shipping on Orders Over $299

The Free Markets

Early in his writing career, Thomas Sowell stated that he was a Marxist and approved of Marxian economics.

These beliefs changed after he worked as an intern for the federal government in the summer of 1960. He rejected the Marxist views of economics in favor of free market economics and principles.

During his work as a government intern, Sowell discovered a correlation between the rise of mandated minimum wages for workers in the sugar industry and the rise of unemployment in that industry.

Studying the patterns led him to theorize that the politicians who passed the minimum wage laws cared more about their jobs than the plight of the poor.

In the video to the right, Mr. Sowell describes the fallacies in today's government statistics.

Among his many works advocating the Free Market he wrote in a 2002 article in Capitalism Magazine: Titled - "From Marxism to Free Market"

"Anyone who saw the contrast between East Berlin and West Berlin, back in the days when half the city was controlled by the Communists, can have no doubts as to which system produces more economic benefits for ordinary people.

Even though the people in both parts of the city were of the same race, culture and history, those living under the Communists were painfully poorer, in addition to having less freedom."

Thomas Sowell's website : www.tsowell.com

Economist - Thomas Sowell's
Articles & Commentary

Note:  All of these articles were first posted on the Homepage.

Thomas Sowell - Random Thoughts

A Return to Keynes? by Thomas Sowell

Destroying Household Jobs by Thomas Sowell

Minimum Wage Madness: Part I by Thomas Sowell

Minimum Wage Madness: Part II by Thomas Sowell

Can It Happen Here? by Thomas Sowell

Guns and Pensions by Thomas Sowell

Prophets and Losses by Thomas Sowell

Prophets and Losses: Part II by Thomas Sowell

The Role of 'Educators' by Thomas Sowell

Inflation - "Taxing the Poor" by Thomas Sowell

Fiscal Cliff Notes by Thomas Sowell

An Overdue Book by Thomas Sowell

Killing the Goose by Thomas Sowell

An Economic 'Plan'?

A Rational Discussion of the Federal Budget

Playing With Words

Promises from Liars (commentary from Thomas Sowell)

Random Thoughts

The 'Fairness' Fraud

The Progressive Legacy: Part I

The Progressive Legacy: Part II

The Progressive Legacy: Part III

Getting Nowhere, Very Fast

Kodak and the Post Office

Alice in Liberal Land

Numbers Games

Other pages, on this Guide, that you
may like...

Johnson Matthey

Bullion Refiner

Johnson Matthey

money metals exchange

Small Affiliate Logo - SilverGoldBull - SGB

Royal Canadian Mint

Wire Transfers


wired earth

My Patriot Supply

Home Page

FBIG - Home Page Screenshot

with Bullion Market News


Bretton Woods

Establishing the Gold Standard of the

20th Century

Bretton Woods

Small Affiliate Logo - Walmart

For Bullion Market News...

Visit the Homepage

Free Bullion Investment Guide

Free-Bullion-Investment-Guide "Search"
search engine by freefind advanced

Search - Magnify Glass

Free Bullion Investment Guide

Affiliate Disclosure

Free Bullion Investment Guide


   Search the Guide

search engine by freefind advanced

recent guide updates


Bullion News on the Homepage


May 2024


U.S. Bullion Coin

Mintage Figures

Seal of the United States Mint - US Mint


Financial Links

for the

Bullion Investor



Numismatic & Bullion Auctions page

Numismatic and Bullion Auctions


Silver is Going Higher

silver is going higher


Blog Post

Gold is Going Higher

gold is going higher


Gold Sovereigns

2024 Full Gold Sovereign - King Charles
2024 Full Gold Sovereign - King Charles - reverse side


The Royal Canadian Mint &

Canadian Bullion

Royal Canadian Mint - east side view from Sussex Drive


Home Safe Buying Guide

Home Safe Buying Guide

New Page

Vault Storage Brokerages

Vault Storage Brokerages


Silver Libertad

Mintage Figures

silver libertad


Gold Libertad

Mintage Figures

Archangel Raphael
The Angel of Healing

ArchAngel Raphael - 05

Cancer Awareness Information & Resources

Bladder Cancer - May Cancer Awareness Ribbon - Gold Nano Logo
Brain Cancer - May Cancer Awareness Ribbon - Gold Nano Logo
Melanoma & Skin Cancer - May Cancer Awareness Ribbon - Gold Nano Logo

Help Us Expand our Audience by forwarding our link


Thank You!


Best News

Gold's Wild Rally Isn't Over Yet - Daily Wealth

Wisconsin grants precious metal bullion tax exemption - Coin World

Silver Breakout Adds To Massively Bullish Price Pattern! - Kimble Charting Solutions

4 Key Factors to Consider When Hedging Against Inflation -Inflation Data.com

CHART: US Inflation Rate Rises More Than Expected - Trading Economics

CHARTS: Bitcoin Matching Gold's Footsteps - McClellan Financial

Gold Is on the Rise and Reaches All-Time High - Sprott

GRAPHIC: Where Does One U.S. Tax Dollar Go? - Visual Capitalist

Gold is the cornerstone of stability as government debt rises out of control - Kitco

Destination TEOTWAWKI - Economic Prism

Fixing FDR's Biggest Blunder: From Gold Standard To Fiat Folly And Back - Zero Hedge

Charted: The Value Gap Between the Gold Price and Gold Miners - Visual Capitalist

Nanoparticle Cancer Research
Drinking Tiny Gold Crystals May Help With MS Vision Problems - WebMD

Dentistry school receives $8M to study oral cancer treatments - Washington Square News

All Articles were Originally Posted on the Homepage