Misconceptions of business are almost inevitable in a society where most people have neither studied nor run businesses. In a society where most people are employees and consumers, it is easy to think of businesses as them as impersonal organizations, whose internal operations are largely unknown and whose sums of money may sometimes be so huge as to be unfathomable.
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About Thomas Sowell
Thomas Sowell was a contemporary American economist. Thomas Sowell is an American economist, economic historian, and social theorist. With widely published commentary and books—and as a guest on TV and radio—he is a well-known voice in the American conservative movement as a prominent black conservative. Read more on Wikipedia →