A Comparison Between Lt. Belenko And Thomas Sowell's Basic Economics

An excerpt from John Barron’s MiG Pilot: The Final Escape of Lt. Belenko and a look into Thomas Sowell’s Basic Economics give great insight into the incentives and efficiencies that work to drive, and sometimes halt an economy. Barron shows Lt. Belenko, a defected Soviet MiG Pilot, in America drawing amazing differences between the two countries. The differences between the two are much more prominent then their similarities. These differences include things such as, the use of resources and the standard of living which encompass many of the incentives and efficiencies that allow America’s economy to thrive and the Soviet Union’s economy to perish.
Simply put, resources make the world go ‘round. A resource can be viewed as nearly anything that