“Trickle Down Theory” and “Tax Cuts for the Rich”

Thomas Sowell is the Rose and Milton Friedman Senior Fellow in Public Policy at the Hoover Institution, Stanford University. He has written more than fifty books and countless essays; among the most impactful are Basic Economics: A Common Sense Guide to the Economy, Race and Economics, Knowledge and Decisions, A Conflict of Visions: Ideological Origins of Political Struggles, and The Vision of the Anointed: Self-Congratulation as a Basis for Social Policy. His website is www.tsowell.com.