The Truth About Income Inequality | Thomas Sowell
Sowell Explains - 14K views

Top Comments

Sowell Explains
This video is the first part of a 2-part series on Income Inequality. Watch Part 2 here:
▶What People Get Wrong About 'Income Redistribution': https://youtu.be/pvGP1OJbvi4
Elerad
This is absolutely fascinating. I can't think of anyone who has ever pointed this out to me before.
Nordic Son
Thank you , so refreshing to hear intelligence , not propaganda.
Paul E.
All his information is so good and always relevant.
Cody Steele
I’m so glad I came across Sowell after my lefty phase was down, otherwise I never would have been able to recognize the brilliance of this man.
Average Joe
Nice points based on readily available public data and not twisted to fit the narratives of grievance politicians. The fact that people's wealth is at times highly transitory, which means there are good years and bad years in terms of income and wealth status, is an important one. Not all rich people stay rich and not all "poor" people stay poor.
Event Hʘriךּon
its like being mad that a big percentage of the population doesnt have voting rights and never had, until you go and look, and the demographic in question is CHILDREN XD (who then grow up and out of the demographic and the can vote).
simplistic views are the tools of the annointed.
Capn BillL
There is a basic flaw with "income inequality", and that is production inequality. If one farmer produces 500 tons of wheat a year, he rightly makes less money than a farmer that produces 1000 tons of wheat.

We as society have made decisions on which products have more value. We value a new car more than a new chair, or fork.

This makes inequality a permanent part of the human condition whithout even considering someone who works 80 hours a week will make more than 10 hours a week.
Alvaro Carrasco
An educated and wise man.
1Skeptik1
Thomas is a national treasure!
Side Kick
He made some brilliant points. He's such an intelligent man that his character, and this video, are about to be attacked by the woke mob.
A.J. Hodges
Even worse, the people with this hatred of income inequality love to talk about "generational wealth", as though nearly all rich people were born to rich parents and will die still rich. In medieval times this was more often true, nearly all rich people were people with noble title, you couldn't die rich if you weren't born rich (with title). The statistics shown here make it plainly obvious that this isn't the case any more. Most rich people are only rich for a small fraction of their lifetimes, let alone their entire lives.

© 2022 Sowell.org. Unofficial site of Thomas Sowell

Videos

Books

Articles

Quotes

About Thomas Sowell