0

Thomas Sowell — Basic Economics

Fatima 32 Comments 0 views 0 like



Recorded on December 14, 2010 Thomas Sowell has studied and taught economics, intellectual history, and social policy at …

source

Share This Post
Have your say!
00

Customer Reviews

5
0%
4
0%
3
0%
2
0%
1
0%
0
0%
    Showing 0 reviews

  1. 23:00 Democratic elections do NOT equal personal, political, or economic freedom. People often vote themselves into chains.
    0

    0

    You have already voted!

  2. Incredible questions and answers.
    0

    0

    You have already voted!

  3. Thank you Dr. Thomas Sowell for my Daly dose of Sowell. All day long Yahoo
    0

    0

    You have already voted!

  4. 2022 we're on repeat.
    0

    0

    You have already voted!

  5. Thomas Sowell is so underrated.
    0

    0

    You have already voted!

  6. What a legend
    0

    0

    You have already voted!

  7. Every politician should be required to pass a basic economics exam before their name can go on the ballot. This is brilliant! If all politicians thought this way, we would be significantly better.
    0

    0

    You have already voted!

  8. Sowell for president! Pretty sure he doesn't want the job, which would make him the first good president ever.
    0

    0

    You have already voted!

  9. The only consistently rational voice in any room.
    0

    0

    You have already voted!

  10. Wealth monetary or domestically secure. Or spiritualy Devine…. is created by some kind of work. Energy m.mmn.
    0

    0

    You have already voted!

  11. "Black fave of white supremacy" I'd what the left of today would call this man, one of the greatest, honest minds of our time.
    Let that be a testament of the times we live in.
    0

    0

    You have already voted!

  12. The problem with this country is that people like Thomas sowell are too honest and smart to be qualified for any leadership position.
    0

    0

    You have already voted!

  13. "when you remove a cancer what do you replace it with?" Daaaaaayuuuuummm
    0

    0

    You have already voted!

  14. That forward slash hand gesture 😭
    0

    0

    You have already voted!

  15. It's curious to see that this is so cyclical that it is a current today in 2022
    0

    0

    You have already voted!

  16. What a brilliant man the libs the liberals are on fire listening to this man because the truth hurts
    0

    0

    You have already voted!

  17. Yes , thank you , The NHS is a
    disaster !
    0

    0

    You have already voted!

  18. One of the greatest in our nation. Wish he would have been one of our presidents. God bless him,
    0

    0

    You have already voted!

  19. He knew it was coming… Inflation IS taxation without representation.
    0

    0

    You have already voted!

  20. I'm not sure whether I follow his cancer analogy. It seems to suggest that fiat currency is a malfunction of the body (economy) and serves no purpose, but merely causes damage to the economy. However, it does in fact serve a purpose, because it facilitates trading, for instance. Wouldn't it be safe to assume that if you remove fiat currency, something else will replace that function? It seems to me that this is a cop-out by mr Sowell. But it could be that my pea brain couldn't process the analogy. Would anyone care to explain?
    0

    0

    You have already voted!

  21. Sowell is a living legend. 🇺🇸
    0

    0

    You have already voted!

  22. Biden and Co. need to listen to this man.
    0

    0

    You have already voted!

  23. Isn’t it obvious you want businesses to have the money and hire and pay people?
    If you want the government to hold and distribute the money it’s not just goodbye to ambition, it’s goodbye to consumer rights and innovation.
    0

    0

    You have already voted!

  24. Thomas Sowell is a national treasure and isn’t allowed to die
    0

    0

    You have already voted!

  25. Again spot on concerning the level of understanding of your average citizen compared to economists.
    Very few people understand the monetary system and the current system can only exist through faith and ignorance the faith comes from your dollar still getting you what you're expecting which gives you faith in it and ignorance because people don't understand how money is created what it really is and how it really works. The problem is if you remove the ignorance the faith goes with it and you have a situation like Henry Ford was thinking of when he spoke the famous quote…

    “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

    People believe when they go into a bank to get a loan for a home that they are going to be loaned money on deposit there from another creditor and that's just not the case, and there sure as hell not going to give you any of theirs so that money is created out of debt when you sign on the dotted line so they make it up on the spot just for you under the agreement that you're going to pay it all back with interest.
    When people hear that they don't believe it because they know if you or I do that we go to jail and they don't think banks can be so brazen as to assume they could get away with such things yet they do because they intentionally obscure it from the public awareness where when it does manage to make its way into the public discourse it's laughed off as conspiracy theory because it sounds so unbelievable it couldn't possibly be true.
    So maybe we should add naive and gullible to Faith and ignorance for a more accurate representation of how it manages to still exist

    0

    0

    You have already voted!

  26. Dr Sowell is spot on again no one should ever wonder what the government is going to do about anything especially when it comes to fixing something they broke.
    The nine scariest words ever strung together into a sentence….
    "I'm from the government and I'm here to help"
    0

    0

    You have already voted!

  27. He was dodging so many questions related to Import Taxes and China, which was ought to be the most important part of the discussion
    0

    0

    You have already voted!

  28. Im Australian and we have Medicare where hospital treatment is covered by the taxpayer – however, I have private health insurance cover for myself. I was taken to the hospital in an ambulance where I was completely incapacitated, the ambulance team told me the hospital was full and I had to be left in the waiting room.. I was in the waiting room for 9hrs before I was admitted. The hospital system in Australia is USELESS you cant pay for premium service if your life depended on it. I would like to mention the ambulance provider charged my insurance company for transport to the waiting room.
    0

    0

    You have already voted!

  29. Sowell just can’t admit that sometimes markets might be deficient.
    0

    0

    You have already voted!

  30. May God bless Tom for being a rare true American (politician) hero for speaking the truth!
    0

    0

    You have already voted!

  31. More democrats need to actually listen to this man !!
    0

    0

    You have already voted!

  32. this man is Brilliant!! His words ring SO TRUE today with Biden in office!
    0

    0

    You have already voted!

Leave a Reply

Thanks for submitting your comment!
Verified by MonsterInsights