Thomas Sowell on the Myths of Economic Inequality
Hoover Institution - 8M views

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The world still has Thomas Sowell in it. All is not lost.
This gentleman is 88 years old in this video and his mind is crystal clear and on top of all the points. What an accomplishment, I wish to age as well as he has.
As a black man I just want to say... this man changed my life and taught me how to think. I've never felt more free.
I'm black man and I've never read anything by Mr.Sowell, yet I have had these same views since I was a teen-ager. I guess just using your head and looking at things with an open mind and common sense goes a very long way. I will be reading Thomas Sowell now.
It makes you feel so much more powerful when you realize you are responsible for yourself.
Every time I retort a point, I start with "I read an article about..." Every time Tom Sowell retorts a point, he starts with "I wrote a book about...." There are levels to this
I’m sitting here in Dublin, Ireland being blown away by this man’s intellect, integrity, humility and clarity of thought. What a great pity most of our leaders of today, and especially our politicians, on both sides of the Atlantic, are not worthy of any of these adjectives. If we fail to heed the likes of Dr Sowell, we will indeed pay a heavy price.
If we had 1 pill that would take 50 years off of a persons age id say give it to Dr. Sowell we need that man around for as long as we can have him.
Just imagine. Thomas Sowell began his adult life as a Marxist. Through experiencing real life, education, and doing a lot of critical thinking, his worldview changed. He is a national treasure and I often post his quotes on my FB page. God bless him. Wouldn't you love it if everyone was introduced to him in the course of their public education?
Thomas Sowell's book, Basic Economics, helped me pass my economics classes and realize that my professors were teaching it wrong. I mean, I could literally show them how their math was wrong and they would at first argue, then threaten to fail me. Which is ironic since I grew up with learning disabilities.
So I did it their way and passed at the top of the class, which is the goal.
One example is the micro effect on the cost of living of mandated minimum wages.
Thank you Mr. Sowell, you have helped me succeed and see the world the way it is, not the way we want it to be.
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The logic and articulation from people like Thomas Sowell made me realize that deep down I'm conservative.
As a black person, i find it difficult to understand how people like Thomas Sowell, who actually grew up poor, lived through Jim Crow and every other hardship blacks faced back then, could somehow rise above all that resentment of establishment white society and make something of himself, despite the challenges, while youngish people like Ta nehisi Coates, who grew up in a much less racist time and in better conditions, can hold such regressive ideas about whites and race relations and actually be commended for it by the intelligentsia and media of today. It just baffles me. I cannot for the life of me blame a white person today for the atrocities committed by people with whom he shared a skin tone with decades ago.
"one of the benefits of having a harvard degree is never again having to be impressed by someone with a harvard degree." LOL man this interview is so good.
"Government is not the personification of the national interest. They have their own interests." An incredibly important statement.
It's so refreshing to see an interviewer who's actually prepared with quotes and actual good deep exploratory questions. Thomas Sowell is definitely worth to listen to. Thanks for sharing this interview.
“ choices have major consequences”
It’s infuriating how people ignore this
Samuel Rodríguez
"Socialism is a great idea, but it doesn't mean is a great reality" Gold.
Dr. Sowell is perhaps our last great 20th Century economist still on Earth. Mises, Hayek, Rothbard, Friedman, Buchanan, Becker... all no longer with us- but Dr. Sowell still carries the standard. We love you, sir.
I wish they mentioned Dr Sowell during African-American History Month.
Dr. Sowell should have been our first black President
Fuller Hunt
I am ashamed that this is the first time I have ever known of Dr. Thomas Sowell. He is now another hero of mine, fighting the good fight.
I have said it many times, Mr. Sowell has a way of stating facts so clearly and plainly that it hits you like a slap to the face. What a genius, what a man.
This gentleman is a national treasure , love his wisdom. Long may he live.
I just left my room and went straight to Barns and Noble and bought 4 of his books. This man is amazing. Why aren't we playing this guy everywhere
This man is brilliant. Facts over emotions. Thank you Thomas Sowell for your hard work!
uppity woman
I wish more people would watch this. About the schools, I have seen first hand, the bad apples do ruin the education of the class and teacher's can't do anything about it. Their hands are tied. Kids with a single parent that just can't or won't care about the kid's behavior and education in the class, but oh how proud of their kids they are. School is a babysitter at best.
When I was a school failure, nothing happened. When I got a University education, nothing happened. When I learned to take personal responsibility for my life, everything started to happen.
Daniel Wait
This guy is pure class. Seems like a genuinely nice guy.
Matt G
I'll admit when was younger I had a bias against blacks because for the most part I'd had bad experiences with them. As I grew up I started reading more and I came across Thomas Sowell and he cured me of liberalism and my small bit of racism in 1 book. I'll never forget reading him and breaking down my assumptions and beliefs. One of the most underrated men of all time. I'll always be grateful.
Jason Stevens
This man knows SO MUCH about SO MUCH! And the interviewer is FANTASTIC!
Lauren Kalibat
Thomas Sowell is a national treasure. I love listening to him.
He dropped out of high school, joined the Marines, and then still attended *Harvard*.
This right here is what real intelligence looks like. He didn’t need an honor roll in high school to tell him he was smart enough to learn from and teach at Ivy League schools.
Edmund Worrell
When I was a teenager in the Caribbean island state of Trinidad & Tobago, one had to take a School Leaving exam at the end of one's high school career and obtain passes in various subjects which summed up and evidenced to the world how well one had learned the subjects that one had studied for years, and was now being tested on. These passes were looked at very seriously by employers in determining whether or not they would hire you.

The exams were created by Cambridge University in England, and the island government paid a fee to the University for each and every student in the island-state who took the school-leaving test, for each and every subject tested. There was great prestige conferred upon students who excelled on the tests, and the single student in the entire island who had the highest average passing score among all the tests would win an ISLAND SCHOLARSHIP to go to England to study.

Since there was not the infrastructure to support it, and zero firms to hire such a graduate, no Island Scholar in those days ever studied engineering. Instead they would study Law or Medicine and return home to automatically find themselves among the upper crust of society. But there were hundreds of other students who did not win THE Island Scholarship, but who all came within a hair's breadth of it.

Because of the racial composition of the population of the island, the island scholar, the hundreds who came within a hair's breadth of the scholarly achievement of the island scholar, and the thousands who came within a little finger's width of the scholarly achievement of the Island Scholar, WERE ALL BLACK OR BROWN, AND OF EAST INDIAN OR AFRICAN HERITAGE. This destroyed the theory of racial intellectual superiority but affirmed the fact of cultural superiority. You see all these black and brown students were culturally British in outlook and values, and a member of WESTERN CIVILIZATION. The cultural heritage that they had absorbed, and of which they were now living embodiments, had PREPARED THEM to excel at ALL OF these subjects.

The skewing of the BELL CURVE towards the upper percentiles which the scholarly achievements of these thousands of students caused was so robust that many a year Cambridge University would send investigative teams to determine if there was any cheating. They never found any cheating because there never was any cheating. We on the island knew that they had become suspicious because what these black and brown students on the outskirts of the former British empire were doing was, by liberal dogma, IMPOSSIBLE!! They were trouncing the white students of England, in exams written by white university-educators of England, even despite the higher percentage of money spent per student in England for classrooms outfitted with the most modern equipment, and taught well-compensated teachers dragging around Ph.D. in he subjects they taught. This violated the liberal orthodoxy that educational achievement is improved by spending more money. We were VERY DISAPPOINTED during those - thankfully few _ years when the University did not see fit to send down an investigative team. It meant that we were slipping and had to tighten up.

My detached (from the rest of the school, as those about to take the school leaving exams were put in a special class that was physically separated from all the other classes) classroom for preparing for the school leaving exams was, when I think back to it, really just a big chicken shed, with large, 2 inch square, grid wire all the way around to let in the morning and afternoon breezes.

And yet there was more excitement about learning there, within that chicken coop of learning, than I have experienced anywhere else, even including American University, where I found that there were many students in attendance for all sorts of reasons, none of which was a love for learning. They were all interested in "what is the answer" and not "what is the correct method". They all wanted to know "how", but no one ever asked "why". They were all more interested in obtaining the high grade than in obtaining the knowledge which that high grade is SUPPOSED to reflect. And they were all perfectly willing to lie, cheat, or engage in any and all underhanded and unethical actions to obtain that high grade. They mastered cheating and deception, but not the subject matter, and now I wonder if that was not the function and the goal of the 'educational' system all along.

But in my previous 'chicken coop of learning', I remember the teacher asking a question, especially so in mathematics, and most especially so calculus, and the entire class of students would be literally scrambling over each other with our hands raised beseeching the teacher to call upon us to give the answer. We were all in fierce competition with each other, and yet if you asked the guy with whom you were in closest competition, and who is only a fraction of a point above you in a particular subject, for help or tutoring in that subject, he would willingly and gladly do so, and he would not sabotage you by giving false information, as I experienced in my American University days. We were in serious competition with each other but we all expected to prevail honorably through hard work, and not through lying and trickery.

Black Americans suffer the curse of low expectations, first of the world towards them, and then eventually of themselves about themselves. I remember correcting the language of a female, black American student in my college days. Talking about her plans for the coming semester she said, "If I pass Calculus II over the summer, then next semester I am going to take ...". My head immediately came up, and I told her she should instead say, "After I pass Calculus II this summer, what I am going to take next semester is ...". I would not relent until she said the sentence the correct way. She had already been in college 10 years at this point, and had failed or dropped Calculus II three times. We joked that she was on the lifetime college plan, but maybe it really was no joke. Anyway she corrected her language, and that made her do whatever she had to do to pass the class, which she did, that summer".

Thank you Tom Sowell for being an intellectual giant who sees through the many layers of liberal bullshit under which this society is buried.
North Side Rabbi
I’m all the way in Namibia - Africa and what a pleasure to listen to this man. Asking permission from the Channel owner, is it possible to play this man’s material on our broadcaster. I’m from a country with only 2.8 million people, very large in size but a wealth owned by only 6% of the population. We speak above 15 languages here and this could really be translated into all this languages to help educate my people.
Heidi Fritz
This is a very insightful discussion and it makes me want to dig deeper and read Mr. Sowell's works.
Brian Waite
A great thinker not blinkered by prejudice, a national treasure. I was told as a teenager that if I wasn't a socialist in my twenties I didn't have a heart, but if I was still a socialist in my thirties I didn't have a brain.
Dr. Sowell is a great American. He is now 94...let's hope he can live much longer to teach his wisdom!
Thank you Thomas Sowell for sharing your knowledge
Niko Nice
It is June 13th, 2020. My 30th birthday is on the 18th. In the middle of COVID-19 and widespread civil unrest, this is water to my soul. I am entirely certain that prior to watching this video, I have not consumed a more eye opening, life changing and empowering hour of content. Thank you Dr. Sowell.
dave manning
Every high school student should have to read this man's books and understand them. He is good for black and white. A national treasure.
Shame this man doesn't get more mass media attention, truly one of the greatest thinkers of our time.
I worked as a bag boy at a small grocery store in the late 80s. I ate the same lunch every day. Small chocolate milk, ham sandwich and powdered donuts by Wonder...and was excited when minimum wage was going up 25 cents an hour. Then I went to pay for same lunch and the prices went up! I went to store manager and he said every person working g right now is making more so the store had to raise prices to pay their salaries and said to me why do you think Sue and Mark aren't on the schedule this week? He said we had to let them go. I learned alot that day in 1987...long term ago

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