AUSTRIAN ECONOMICS ADDICT

The first book I read by Thomas Sowell was, “The Vision Of The Anointed”. Nobody explains complexity more understandably than Thomas Sowell. This book helps pour a mental foundation on which to build your future thinking and understand about how to analyse everything. If I had not  stumbled upon Thomas Sowell being interviewed about this book on the radio one day, I would probably be blissfully ignorant of so much that is going on right now.

A quote from the book, “One of the most important questions about any proposed course of actions is whether we know how to do it. Policy A may be better than policy B, but that does not matter if we simply do not know how to do Policy A. Perhaps it would be better to rehabilitate criminals, rather than punish them, if we knew how to do it. Rewarding merit might be better than rewarding results if we knew how to do it. But one of the crucial differences between those with the tragic vision and those with the vision of the anointed is in what they respectively assume that we know how to do. Those with the vision of the anointed are seldom deterred by any question as to whether anyone has the knowledge required to do what they are attempting.” — P. 109

Read this article by Thomas Sowell, ” Alice In Liberal Land”, to get a taste of the Anointed’s vision.

This entry was posted on November 26, 2012 at 2:54 am and is filed under Econ. 101, Hall of Fame. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Economics, Social Sciences, Thomas Sowell, Vision of the Anointed