Economist

Thomas Sowell

Thomas Sowell

Born:

Thomas Sowell is an American economist and social theorist born on June 30, 1930, In North Carolina, U.S.

Family Background:

His father died before Thomas was born. His mother was a housemaid. He had four siblings.

Personal Life:

In 1964, He had married Alma Jean Parr and divorced in 1975. In 1981, He had married Mary Ash, They have two children named John and Lorraine.

Education:

He had educated for Stuyvesant High School, a prestigious academic high school in New York City, He had been the first in his family to study beyond the sixth grade. However, He had been forced to drop out at age 17 because of financial difficulties and problems in his home. After graduating magna cum laude in 1958, He had completed his Master’s degree from Columbia University the next year.

Career:

A Marxist during his 20s, Thomas Sowell’s first professional publication had been ‘Karl Marx and the Freedom of the Individual’, In which He had provided a sympathetic examination of Marxist thought vs. Marxist Leninist practice. However, He had later rejected Marxist economics in favor of free-market theory after working as a federal government intern during the summer of 1960. After serving as an economist for the U.S. Department of Labor in 1960-61, He had become an instructor at Douglass College, Rutgers University in 1962 and then taught economics at Howard University in 1963-64. He had finally become an economic analyst with AT&T in 1964.  He had been an assistant professor of economics at Cornell University from 1965 to 1969 and had experienced the violent takeover of Willard Straight Hall by black students. Following a brief stint at Brandeis in 1969-70, He had joined the University of California, Los Angeles as an associate professor of economics, and had been promoted to full professor in 1974. Between 1972 and 1974, He also had served as project director of the Urban Institute. Starting with the book ‘Economics: Analysis and Issues’ in 1971, He had written almost one book every year so far. His 1972 book, ‘Say’s Law: An Historical Analysis’, provides comprehensive coverage of the idea that “supply creates its own demand”.

Thomas Sowell

Unknown Facts:

  • He is an African American author and economist.

Master Stroke:

  • Thomas Sowell’s thirty-plus books so far had been hailed for their originality, great depth and breadth, clarity of expression, and thoroughness of research. His books include ideas changing from Marxian economics to race, education, decision-making, as well as developmental disorders.

Awards and Achievements:

  • In 1990, He had been awarded the ‘Francis Boyer Award’.
  • In 1998, He won the ‘Sydney Hook Award’.
  • In 2003, He had received the ‘National Humanities Medal’.

What Can we learn from Him??

Like Thomas Sowell, do hard work to beat your opposition. never disappoint in any failure, because failure is the first step to success.

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