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Thomas Sowell makes the point more often than most economists that poverty is the natural state we should be comparing outcomes to.
Asking what causes poverty is the wrong question. What we need to understand is why there's any prosperity at all.
Thomas Sowell makes the point more often than most economists that poverty is the natural state we should be comparing outcomes to.
Asking what causes poverty is the wrong question. What we need to understand is why there's any prosperity at all.