Відео

Imagine what things would be like if we hadn't done precisely the opposite of this man's advice. That would be a country I'm truly proud of and a future I'm excited for. My hope is that when we reach a point where the gig is finally up and our taxes can no longer pay for even the minimum payments on our national debt and the spenders hit a wall we will have enough people to eliminate government spending and create a negative income tax. Just maybe when it's the only choice we can afford it's the choice we will make. That time is coming soon. Tell anybody who will listen about Milton Friedman and smart economics.

1:43:30

I don’t understand why they had to make it all about race right out of there gate. I thought I was watching something from normal times…but it’s just like today! Luckily Sowell goes beyond race and focuses on merit, excellence and responsibility. Things that truly matter and make a difference

This common sense man is smart articulate and very easy to learn from! Listen to him and make sure any young people you know also hear him!

I love Thomas Sowell. His down to earth logical ideas have helped me greatly over the years. All politicians should have to learn from Thomas Sowell and all people should be aware of his teaching. He is a rare diamond in a field of dust!

Goat

Buy the book.

How does debt shrink the money supply? You are taking out money that would ordinarily be invested into the economy (which would end up buying capital goods) and you end up investing that money in government spending, most of which goes towards govt. Employees or welfare. So you are turning money that would be invested into money that will be spent by its recipients (govt. Workers and welfare recipients). Inflation is in its effect the reduction of purchasing power of the currency, and you actively cause that when you turn investment money into consumer spending. The only way (in my opinion) for debt to reduce money supply would be if the treasury stockpiled all the money it borrowed. Even if my assumptions about debt spending creating more consumer spending is wrong, the only thing debt spending does is move a bunch of money around. How does this reduce the money supply?

timeless still

Thanks! Is your name Greg Mathers?

Great stuff! Thank you for posting!

At about 21 minutes in, Rose tries to paint it as a conspiracy theory that all these people in different influential positions should reach the same wrong conclusions. Not only does Sowell's work--particularly his trilogy on the subject--explain why it isn't a conspiracy, but if you are more interested in the dynamics, watch Tucker Carlson's interview with Curtis Yarvin where he explains the idea of.what he calls the cathedral. If you combine Yarvin and Sowell you get a comprehensive understanding of the subject. Throw in James Lindsay's thorough deep dive into the specifics of leftist ideology--particularly in education and "theory"--and you will have the complete picture.

The only miss that ocurred was around 20:00 when he says that the difference in result is to be explained culturually. It is important to mention that in the case of gender (men and women) the differences are primarily explained by biology as the root reason, and this question (cultural or biological) is perhaps the biggest question today in politics.

This is one of my favorite of Sowell's books--and that's saying something. I haven't read the other two in the series, but they're on my list.

Recall that Iceland had the worst banking collapse in the world in 2008-9. Sweden almost as bad in the early 90s.

Friedman once made an astute observation about the cultural component of an economy. Responding to someone who said, look how the Swedes are among the richest of peoples under socialism. Friedman said, yes, and Swedish-Americans are among the richest in capitalist America. In other words, certain cultures can succeed despite the drag of socialist policies, viz those with a historical work ethic and relatively honest government, such as northern European Protestant societies and east Asian societies.

11:55 There's a three-word lexicon that explains the tax economy: need, greed and compassion. Need now means wanting someone else's money, greed means wanting to keep your own and compassion is the sentiment of the politician who wants to arrange the transfer.

20:56 No, we need him to stay in his home country

9:45 most important part

Thomas Sowell is full of crap… he hasn’t looked very hard my new white school districts today gets all the resources a community with 40,00 people median income of 82,000 my new community had 2 new school built an overhaul of all 8 schools new businesses new roads and bridges…my old black community 50 yrs ago hasn’t had no schools built in 50 yrs same size sqmi community impoverished median income of 19,000 no businesses no infrastructure only closed schools

Rose comes across as one with barely a Jr. High School level of understanding when debating Sowell.

TOM where did my pepe memes go!!!

Highly intelligent arguments.

My deepest respect for mr Sowell . May god bless him and his ! A true scholar and a gentleman . Sincere thanks for uploading this and subbed to the channel . Looking forward to listening to more of your content

Excellent ....

Brilliant ....

Economic investigator Frank G Melbourne Australia is following this very informative content cheers Frank

I skipped so many chapters on audible then returned it because if u read broken money (if not u should). It's the same but better and updated. Which isn't the author's fault since he wrote this first. But it might save u some time.

Thomas Sowell is a wealth of knowledge! Thank you for posting this.

The 3 questions which always dismantle the Collectivists aka Democrats aka Progressives; 1. What is the alternative? 2. How much does it cost? 3. What are the results? Thomas Sowell says he learned these 3 from Milton Friedman.

2:45:43 - WEF & WHO

As someone who started teaching 6 months ago and just resigned last week, I agree with Thomas Sowell, but his view is a little outdated. For instance, he trusts that parents today are good enough judges for their children’s education. Many parents are actually the ones who want their children to be passed along and will bully schools into lowering standards. However, I theorize that this is the case because the parents today are products of everything Sowell was pointing out in these videos. Education in America is broken.

Well.. Yes - if we did not have social programs people would not depend on them... they would be more poor and starving ... to d......... they could not even afford to go to the doctor... ... Compare Nordic countries ( with generous social benefits ) and the US ? Which country has more poverty and crime ?

👏🏼👏🏼👏🏼 Brilliant!

…one of the many things I respect and admire about Dr. Sowell, and there are many, is that he’s always patient and willing to respectfully listen to the other side of a question and to other points of view, and he really listens before opining, until his ‘junk-debunk meter registers and goes off ..and pegs out… lol! ..gotta love him!

GOAT

Why the irritating music?

GOAT!!!

His little giggle at 7:50 floored me. God rest you and your beautiful wife.

Thank you.

2024 ✌🏽

Thank you for uploading this. Bless 🩵🫶🏻

Weird AI avatar

The reality is men can do more work, demanding equal pay hurts men - although this is a decent attempt to reverse the idea.

I believe that callers analysis of the BLACK experience in connection with the immigrates was spot on . And the guests answer sure did not sit well with me FBA as a group have been and continue BY DESIGN to be left behind and not given benefits from the government to lift above our station as a whole from the bottom pertaining to standard of living …. Now with these open borders these illegals are using our tax dollars and resources to upgrade their lives ….. while that quote from this vice presidential rings loud that they won’t do ANYTHING just for BLACK FOLKS OH NO ~ but this does not apply to them coming from south of America the border…. Which ARE ALSO RECEIVING FREE HEALTHCARE…… Something natural citizens can’t get because they’re REFUSAL to let FBA . If WE were not here or the country WOULD be having GREAT healthcare for it’s citizens

The goat 🐐

That was true then. We are seeing the results of that today - watch the teenagers protesting jews

I don't like how Biden looks at Sowell at 1:22:28. Biden is angry and arrogant and you can see and hear that clearly in this 1987 Hearing. "That's what I thought you thought." What a condescending jerk.

2024 - Knowledge is power.

Sowell's work should be required reading at schools.