Working Papers
The Anatomy of Capital Returns over the Very Long Run: Germany, 1465–2025
Economics Working Paper 26128
November 6, 2026
Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell University, UCLA, and Amherst College. Now a senior fellow at the Hoover Institution, Sowell has published more than a dozen books, the latest of which is Dismantling America.
Working Papers
Economics Working Paper 26128
November 6, 2026
Articles
President Ronald Reagan’s speech in June 1987, delivered in the shadow of the Berlin Wall, is immortalized because of the exhortation, “Mr. Gobachev, tear down this wall.”
November 6, 2026
Articles
How do prices work in functioning markets?
November 4, 2026