Phoenix, AZ -- (SBWire) -- 12/19/2014 --Business in the Knowledge Economy (TSOE) will feature Dr. Thomas Sowell, world renowned economist, social theorist, political philosopher, and author. His appearance on TSOE coincides with the release of a new edition of his international best seller on economics, Basic Economics – 5th Edition (Basic Books, December 2014).
In this soon-to-be released volume, Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through an understanding of the fundamental economic principles that influence our lives.
Sowell shows how to critique economic policies in terms of the incentives they create – rather than the goals they proclaim. This is a universal truth for all economic systems, whether socialist or capitalist or feudal.
In his new chapter on International Disparities in Wealth, Sowell addresses the impact of geographic resources and the role of culture (including human capital) on economic advancement. While disparities in wealth have received international political attention, Sowell employs a common sense prism through which to view the issue.
Dr. Sowell is currently Senior Fellow at the Hoover Institution, Stanford University. Sowell was born in North Carolina, but grew up in Harlem, New York. He dropped out of high school and served in the United States Marine Corps during the Korean War. He received a Bachelor's degree, graduating magna cum laude from Harvard University in 1958 and a Master's degree from Columbia University in 1959. In 1968, he earned his Doctorate in Economics from the University of Chicago.
Sowell has served on the faculties of several universities, including Cornell University and University of California, Los Angeles. He has also worked for think tanks such as the Urban Institute. Since 1980, he has worked at the Hoover Institution at Stanford University. He writes from a conservative and classical liberal perspective, advocating free market economics and has written more than thirty books. He is a National Humanities Medal winner.
"I am honored to have Dr. Thomas Sowell as our guest on The Soul of Enterprise," said Ron Baker, co-host of show. "He is truly a giant in the field and has been an inspiration and mentor to me for decades."
"Dr. Sowell is, in my opinion, the greatest and most well known living economist," said Ed Kless, Baker's co-host of TSOE. "To say having him on our show is an honor, is an understatement."
About The Soul of Enterprise: Business in the Knowledge Economy
The Soul of Enterprise is broadcast live on Fridays at 1pm PT on the VoiceAmerica Business Channel. It champions the insight that wealth is created by intellectual capital, a product of the inexhaustible human spirit. Wealth is above all an accumulation of possibilities. These possibilities lie hidden in the womb of the future, waiting to be discovered by human imagination, ingenuity, and creativity. It is manifested in free enterprises dedicated to the service of others. Tune in to The Soul of Enterprise, with Ron Baker and Ed Kless.
For more information about TSOE, please visit http://www.VeraSage.com/TSOE
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