Thomas Sowell
Classy Economist
By JASON L. RILEY
March 25, 2006; Page A8, WSJ
PALO ALTO, Calif. --
Thomas Sowell's excuse for limiting interviews to an hour is that it helps him
"avoid stress." But one suspects the real reason is that he has
better uses for his time than to humor nettlesome journalists. In any case,
it's hard to question the time-management preferences of a man who's published
nearly 30 books, while also producing academic articles, long-form magazine
essays and a seldom-dull newspaper column for more than two decades. Not bad
for an orphan from Jim Crow North Carolina who never finished high school and
didn't earn a college degree until he was 28.
Mr. Sowell's
unorthodox views on racial matters have made him our foremost "black
conservative," but the modifier sells him way short. He is one of the
country's leading social commentators -- without qualification. And his
scholarship is not only voluminous but wide-ranging, covering everything from
education and law to political philosophy, migration and the history of ideas. His
primary discipline, however, is economics, specifically the history of economic
thought, the subject in which he earned his doctorate from the University of
Chicago in 1968 under Milton Friedman and George Stigler. It is the subject he
taught at Cornell, UCLA, Amherst, Brandeis and elsewhere during an academic
career in the 1960s and '70s. And it is the subject of his most recent book,
"On Classical Economics," which Yale has just published.
Mr. Sowell, who will
turn 76 this year but looks 20 years younger, sat for an interview on a cool,
drizzly morning at Stanford University's Hoover Institution, his perch since
1980, and where he is -- appropriately -- the Rose and Milton Friedman Senior
Fellow. He describes his latest tome as "partly an old book and partly a
new book." It combines four somewhat revised essays on microeconomics,
macroeconomics, methodology and social philosophy from his 1974 publication,
"Classical Economics Reconsidered," with four new essays, on Mill,
Marx, Sismondi and economic history.
Asked why classical economics -- and
economists like Adam Smith, David Ricardo, Mill and Marx -- continues to
deserve attention, Mr. Sowell replies that "if classical economics is
relevant, than Mill and Marx are relevant. Why is classical economics relevant?
I guess it's relevant because there are people who study it, and if they're
going to talk about it they ought to know what they're talking about, which is
a requirement sometimes overlooked."
Free-market economics,
a legacy of the classical school, is thought of as an old conservative
doctrine. But Mr. Sowell explains that it was in fact one of the most
revolutionary concepts to emerge in the history of ideas. Moreover, "the
thinking of the classical economist was not only a radical break from landmark
intellectual figures like Plato and Machiavelli but also from mainstream
thinking to this day." The notion of a self-equilibrating system -- the
market economy -- meant a reduced role for intellectuals and politicians, he
says. "And even today many still haven't accepted that their superior
wisdom might be superfluous, if not damaging."
"My job was to
teach them economics, not teach them what I happen to believe," says Mr.
Sowell, who adds that efforts by some today to counterbalance the prevailing
liberalism in academia with more right-wing instructors is not only an exercise
in futility but a disservice to students. "Even if you succeed in
propagandizing the students while they're students, it doesn't tell you much
[about how they'll turn out]. I suspect that over half [of the conservatives at
the Hoover Institution] were on the left in their 20s. More important, though,
let's assume for the sake of argument that, whatever you're propagandizing them
with on the left or right, every conclusion you teach them is correct. It's
only a matter of time before all those conclusions are obsolete because
entirely different issues are going to arise over the lifetimes of these
students. And so, if you haven't taught them how to weigh one argument against
another, you haven't taught them anything."
This lifelong passion
for economics has been much on display in recent years -- "On Classical
Economics" was preceded by "Basic Economics: A Citizen's Guide to the
Economy" (2000) and "Applied Economics: Thinking Beyond Stage
One" (2003), both of which were written for the general public. And it's
worth noting the extent to which Mr. Sowell's background in the dismal science
also informs his better-known works on ethnicity, race and culture. Other black
conservative scholars have their strengths, to be sure. Shelby Steele writes
like a dream and favors an existential approach to racial matters. John
McWhorter's prose is as hip as it is provocative.
But Mr. Sowell's forte
has always been rigorous analysis and adherence to facts, however stubborn and
wherever they lead. And the facts led him on a writing tear in the '70s and
'80s. Some titles, like "Race and Economics" (1975), "Markets
and Minorities" (1981) and "The Economics and Politics of Race"
(1983), betray his technical background. But Mr. Sowell's other influential
books of this period -- "Black Education: Myths and Tragedies"
(1972), "Ethnic America" (1981), "Civil Rights: Rhetoric or
Reality?" (1984) -- are no less distinguished by the dispassionate
empiricism he brings to such emotionally charged topics. In these tomes and
elsewhere, Mr. Sowell's research questions the basic assumptions behind popular
public policies aimed at minorities.
And in the process,
he's made mincemeat of the sloppy methodology and flaccid arguments put forward
by mainstream civil right leaders and their liberal sympathizers. He has shown,
empirically, that affirmative action does not benefit poor blacks. He has
shown, empirically, that political clout is not a prerequisite for ethnic
economic advancement. And most importantly, he has exposed the harmful fallacy
of using racial and gender discrimination as an all-purpose explanation for
statistical group disparities.
Asked why many of
these failed ideas, and the black leaders who promote them, don't seem to lose
credibility, Mr. Sowell responds that the phenomenon is hardly limited to the
realm of race. "You could take it beyond the black leadership," he
says. "Has [John Kenneth] Galbraith lost any credibility? I remember 'The
New Industrial State'" -- the 1967 book in which Mr. Galbraith famously
argued that large corporations were immune to marketplace forces -- "but
since then, Eastern Airlines has gone out of business. The Graflex Corporation
has gone out of business. Similarly with all kinds of big businesses. This
hasn't made the slightest dent in Galbraith's reputation. We have Paul Ehrlich,
who has told us there would be mass starvation in the world in the '80s, and
now we find our two biggest problems are obesity and how to get rid of
agricultural surpluses." Mr. Sowell's conclusion is a cynical one. "I
have a book called 'The Vision of the Anointed,' and there's a chapter in there
called 'The Irrelevance of Evidence.'"
The idea to apply
economic concepts to racial issues came, says Mr. Sowell, from the late
Benjamin Rogge, who taught economics at Wabash College in Indiana. "I was
at Cornell, and Ben Rogge came on campus to give a talk called 'The Welfare
State Against the Negro.' I happened to be out of town, so when I got back I
wrote him a letter that said I heard you gave this talk and that you're going
to write a book on the same theme. I said it's really amazing that no one's
thought of this before because there's so much material out there. At this
point [in the late '60s] I had no thought that I would ever touch it
myself."
The two became friends
over the years and "it occurred to Ben that he was never going to write
that book. And so Ben Rogge took his manuscript and simply handed it to me and
said do with it whatever you can. I was flabbergasted. I don't think I ever
used anything directly from his manuscript. But the fundamental idea the you
could apply economics to racial issues -- that was the inspiration."
Similarly, Mr. Sowell
says his interest in "international perspectives" -- most notably
demonstrated in his lengthy trilogy on cultural history published in the 1990s
-- initially came from reading Nathan Glazer and Daniel Patrick Moynihan's 1963
classic study, "Beyond the Melting Pot." "It was really the
first book I read about different ethnic groups. There were many different
patterns. And more than anything else, each group had its own pattern.
"The left likes
to portray a group as sort of a creature of surrounding society. But that's not
true. For example, back during the immigrant era, you had neighborhoods on the
Lower East Side [of Manhattan] where Jews and Italians arrived at virtually
identical times. Lived in the same neighborhoods. Kids sat side by side in the
same schools. But totally different outcomes. Now, if you look back at the
history of the Jews and the history of the Italians you can see why that would
be. In the early 19th century, Russian officials report that even the poorest
Jews find some way to get some books in their home, even though they're living
in a society where over 90% of the people are illiterate.
"Conversely, in
southern Italy, which is where most Italian-Americans originated, when they put
in compulsory school-attendance laws, there were riots. There were schoolhouses
burning down. So now you take these two kids and sit them side by side in a
school. If you believe that environment means the immediate surroundings,
they're in the same environment. But if you believe environment includes this
cultural pattern that goes back centuries before they were born, then no,
they're not in the same environment. They don't come into that school building
with the same mindset. And they don't get the same results."
It somehow seems an
imposition to press Mr. Sowell on his next project, though he graciously allows
that a collection of correspondence, as well as a book on intellectuals, is in
the works. As the interview clock winds down, however, he returns briefly to
the topic of race. He laments the fact that more public intellectuals aren't
applying economic analyses to racial policies, even while he understands the
hesitation.
"I think it would
be great if someone would sit down and take a sort of systematic textbook
approach to it," says Mr. Sowell. "[George Mason University
economist] Walter Williams has written a couple of very good books, but
unfortunately they were not well promoted. Guys like Gary Becker have other
fish to fry, and they're writing for a different audience. Besides Walter and
me, I don't know who else out there would write it. And heaven knows it's not
the golden pathway to instant popularity."
Mr. Riley is a
member of The Wall Street Journal's editorial board.