Shows how social theorists--from William Godwin and Adam Smith in the eighteenth century to John Kenneth Galbraith and Milton Friedman in the twentieth--have based their thinking on two irreconcilable premises: the constrained and unconstrained vision
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THOMAS SOWELL has taught economics at Cornell, UCLA, Amherst, and other academic institutions, and his Basic Economics has been translated into six languages. He is currently a scholar in residence at the Hoover Institution, Stanford University. He has been published in both academic journals and such popular media as the Wall Street Journal, Forbes magazine, and Fortune, and he writes a syndicated column that appears in newspapers across the country.From Publishers Weekly:
Sowell, an economist and author (The Economics and Politics of Race, etc.), presents a provocative analysis of the conflicting visions of human nature that have shaped the moral, legal and economic life of recent times. For the past 200 years, he writes, two visions ofor "gut feelings" abouthow the world works, have dominated: the constrained vision, which views man as unchanged, limited and dependent on evolved social processes (market economies, constitutional law, etc.); and the unconstrained vision, which argues for man's potential and perfectability, and the possibility of rational planning for social solutions. Examining the views of thinkers who reflect these constrained (Adam Smith) and unconstrained (William Godwin) visions, Sowell shows how these powerful and subjective visions give rise to carefully constructed social theories. His discussion of how these conflicting attitudes ultimately produce clashes over equality, social justice and other issues is instructive.
Copyright 1986 Reed Business Information, Inc.
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