Nov 26, 2015
Show 1380 Thomas Sowell’s new book Wealth, Poverty, and Politics- An International Perspective.
This is a 70 minute excerpt from the audio book and serves as an introduction to this truly great book. Purchase at Amazon or Audible. Highly recommended by ACU. A must have in every Conservative Library.
Book Description- In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.
Chapter 1: Issues
Chapter 2: Geographic Factors
Chapter 3: Cultural Factors
Chapter 4: Social Factors
Chapter 5: Political Factors
Chapter 6: Implications and Prospects