Thomas Sowell Consequences Over Intentions American economist who insists there are no perfect solutions — only trade-offs — and that policies must be judged by results, not intentions. Thinker
Milton Friedman The Case for Free Markets Twentieth-century American economist and public explainer who turned free-market ideas into plain language and tied economic freedom to political freedom. Thinker
Incentives Incentives are the rewards or consequences that influence how people make decisions and behave. Economic systems, businesses, and governments all create incentives that encourage certain actions and discourage others. Many economists argue that understanding incentives is essential for understanding real-world outcomes.