Thomas Sowell on the Myths of Economic Inequality.

Thomas Sowell on the Myths of Economic Inequality. Watch this interview at- https://youtu.be/mS5WYp5xmvI HooverInstitution Recorded on November 15, 2018 Thomas Sowell discusses economic inequality, racial inequality, and the myths that have continued to falsely describe the system of poverty among different racial and economic classes. He explains the economic theories behind these pervasive myths and proposes fact-based solutions for seemingly intractable situations. Sowell discusses his early life as a high school dropout and his first full-time job as a Western Union messenger delivering telegrams. He admits to flirting with Marxism in his early twenties as he first tried to grapple with the housing inequality he saw across the neighborhoods of New York City. Marxism, he says, was the only explanation he could find at the time. He went on to serve in the Marine Corps before continuing his education in economics at Harvard and earning a master’s at Columbia and a PhD at the University of Chicago. Sowell’s first job after his receiving his PhD in economics was working for the Department of Labor, and he says it was there that he realized Marxism was not the answer. He argues that the government has its own institutional interests in inequality that cannot be explained through Marxism. He began to be discouraged by Marxism and the government in general and began searching for better economic ideas and solutions (the free market). Robinson and Sowell discuss Sowell’s written works, his ideas of racial and economic inequality, the state of the United States today, and much more.  Interested in exclusive Uncommon Knowledge content? Check out Uncommon Knowledge on social media! Facebook: https://www.facebook.com/UncKnowledge/ Twitter: https://www.twitter.com/UncKnowledge/ Instagram: https://instagram.com/uncommon_knowle... ------------------------------------------------------------------------ HELP ACU SPREAD THE WORD! Please send to friends, post on Facebook, twitter, etc… Over 3,000 commercial free archived shows are available on our podcast site here.     Ways to subscribe to the American Conservative University Podcast Click here to subscribe via iTunes Click here to subscribe via RSS You can also subscribe via Stitcher You can also subscribe via SoundCloud If you like this episode head on over to iTunes and kindly leave us a rating, a review and subscribe! People find us through our good reviews.   FEEDBACK + PROMOTION You can ask your questions, make comments, submit ideas for shows and lots more. Let your voice be heard. Download our FREE iOS App. Download our FREE Android App. Email us at americanconservativeuniversity@americanconservativeuniversity.com

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