Tuesday, March 27, 2018

Buy Thomas Sowell's New Book

I don't recommend many books or authors, but Thomas Sowell is one of my heroes. If you are looking for the perfect gift for your liberal and progressive friends and family, who think their well-intentioned welfare programs are helping the black community, this is the book.
Thomas Sowell is brilliant and pragmatic...one of the leading black scholars in the world. He has a unique combination of real world street smarts and book smarts. He grew up in Harlem, dropped out of high school and went into the military. Later, he received a bachelor's degree, graduating magna cum laude from Harvard University, a master's degree from Columbia University and his Doctorate in Economics from the University of Chicago.
He was once a Marxist socialist and worked for the US Labor Department as an economist and analyst. He tells the truth about what affirmative action, minimum wage and "helping" the black community has done to destroy it over the past 60 years. HE PROVIDES A WEALTH OF EMPIRICAL EVIDENCE to back up his claims. THIS IS NOT EMPTY RHETORIC.
Summary: Economic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics. Others believe that those who are less fortunate are victims of the more fortunate. Discrimination and Disparities gathers a wide array of empirical evidence from to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation or genetics. It is readable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum. The point of Discrimination and Disparities is not to recommend some particular policy "fix" at the end, but to clarify why so many policy fixes have turned out to be counterproductive, and to expose some seemingly invincible fallacies--behind many counterproductive policies.

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