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Thomas Sowell is my hero!

A person's skill set is one of the most important aspect of humanity. The more you can do for yourself the better off you are. Learn everything you can throughout your life.

@bobjacobson858

Күн бұрын

I had a teacher in high school who pointed out that knowledge is "money in the bank" that can't be taken away from you.

As always he's 100% correct.

@MrJohnnyDistortion

Ай бұрын

No! Mr. Sowell is 1,000,000% correct.😃

I believe that about 70% of those who win the lottery end up squandering the money.

@budgarner3522

Ай бұрын

Often find themselves bankrupt holding huge debts.

@bobjacobson858

Күн бұрын

@@budgarner3522 They lack the discipline to manage it wisely.

Oppressed and Oppressor mentality leads to victimhood and an excuse to fail because you believe you cannot succeed.

@Limitless_One

Ай бұрын

Sounds like the words coming from an oppressor.

@allister8053

Ай бұрын

@@Limitless_Onelearn to read..... did I say it is right to be an oppressor. Thanks for the vailed insult.... do you feel oppressed? What came first your feelings of failure or your victumhood?

Mr. Sowell is always right 🎉🎉

Dr.Thomas Sowell is an American treasure.

Definitely eye-opening and great insight! Human capital is way more important than material wealth because it produces material wealth. Taking the material wealth of people who are rich in human capital is not only counterproductive, it's also theft. Every race is guilty of doing bad things to other races and to members of their own race anyway, so using that as an excuse to steal people's wealth is a wicked scheme that has hurt every society where it has been employed.

@darylfoster7944

Ай бұрын

That was the point of Atlas Shrugged. The wealth producers disappeared, and society collapsed.

"You cannot confiscate human capital." Incredible wisdom. Even if you have cash, is there anyone left for you to hire? Kind of where we are today. Trying to hire a reputable tradesman is pretty tough.

I remember a conversation with an economics professor who said that in spite of what is taught regarding supply and demand, people seem "shocked" when the prices go up for an item that has become scarce. It's almost as if "the government" should compensate for this in some way.

The first people to pay reparations should be the Nigerians and other African countries who sold people into slavery. Start with that and then we can have a further discussion.

There is no way he would be a high school teacher 😳

Spain not only spent the gold, they borrowed more and used it for war. Sound familiar?

@darylfoster7944

Ай бұрын

Rome did it too. They lived off of wealth from conquest.

Dr. Sowell is the Master of The Apple to Coconut comparison.

Is because i am approaching 8th decade OR is it there are more ignorant people than in my youth? Have seen that the brsin size avg has been decreasing last 6K yrs-perhaps related to agriculture rise -more food easily attained?

This is how we should be moving sitting down having dialogue … not yelling calling names .. just facts and connecting dots .. because your reading and understanding how the matrix works …

PLEASE stop posting videos where the title does not match the content or only connects in an allegorical way. Nowhere here does Sowell talk about Black Americans or reparations.

I have now been educated on reparations, and now know they are a good thing. As a person of Spanish heritage, I have to point out that from the years 711 AD to 1490 AD, Black Africans ruled Spain for more than 700 years and subjugated the Spanish. While I know it was 500 years ago, I now know that there is no time limit on reparations, in fact having an older claim should put me to the front of the line. I have also learned that we do not have to blame the Africans that did it, we can not blame everyone with Black Skin. So we will now be expecting reparations from all Black people, because we know that it does not matter how many years ago it was, or who actually committed the crimes, all that really matters is the color of the people who committed the crimes.

@duanerichard

Ай бұрын

Are north Africans considerd Black?

@constantobjects

Ай бұрын

Life is all about tradeoffs. Sure- you could pursue your reparations - but you have to make the trade-off - and give up your self-respect - or the chance of anyone else ever respecting you, or your children - EVER AGAIN. Worth it?

@marlenafina3481

Ай бұрын

They're a good thing? 😬🤦🏽‍♀️🤡

@neilreynolds3858

Ай бұрын

Yes, all of our ancestors were subjugated at some point unless you belong to a royal family. The Moslems, who subjugated the people who had subjugated the other people that lived in Spain before them who subjugated the people who lived in Spain before them etc., etc. etc., also subjugated each other. Humans are always fighting over dominance and status. It's inherent in any herd species.

@neilreynolds3858

Ай бұрын

@@duanerichard I don't think they consider themselves to be Black but there has to be a large amount of sub-Saharan African DNA in them. They was a heavy slave trade going through there for centuries and the children of slaves were not slaves.

Hes full of shif. Lol. :o)

The problem with these arguments is the assumption that the bulk of "welfare" goes to the poorest. Wrong. The bulk of government financial support goes to the rich through government subsidies, tax breaks, inflated government contracts, and bailouts whenever the rich gamble and lose. Why hasn't this created a disincentive for the rich to produce capital? This is absurd! Welfare only creates a disincentive to produce capital if it is poorly structured. For instance, in most states, if a person gets a job, they automatically lose their welfare checks. Sometimes, the costs associated with working (e.g. traveling to work) are so high that they eat into the paychecks meaning that people end up financially worse off than when they were on welfare. In such cases, the financially smart thing is to remain on welfare instead of working and ending up with less money. People who argue against welfare usually come from affluent backgrounds and have no idea what it means to live in poverty and lack basic necessities like food, shelter and healthcare. They assume that the poor are lazy and will not strive once they have the basics of life. What they don't realize that they themselves are beneficiaries of welfare (from their parents) in form decent education in private schools, debt-free university education, connections for job opportunities and sometimes seed money for start-ups. They imagine themselves smarter and more hardworking than the poor. What they don't realize that there are millions of people around the world who are probably smarter and more hardworking that they are but weren't lucky enough to be born with the same opportunities they have.

@neilreynolds3858

Ай бұрын

The point of taxation is to take money from the poor and give it to the rich. The higher taxes are, the more money ends up in the hands of the rich. The higher inflation is, the more money ends up in the hands of the rich. It's a scam.

@skeezix8156

Ай бұрын

Was born on a shithole reservation, have a good life now. I’m all for two year welfare limits. You’re saying yourself there’s no incentive to go to work, that’s by design my friend

@sheriseofili3721

25 күн бұрын

A third of people on food stamps work full time. 7 million Americans workers are below the poverty line. Try explaining that to Sowell the right wing genius whose ideal world consists of well educated and well paid workers.

@skeezix8156

25 күн бұрын

@@sheriseofili3721 the bar to qualify for stamps keeps getting moved. A social worker can lie their way into qualifying people who shouldn’t by getting you to lie on your paperwork. Meanwhile if anything gets investigated you are personally on the hook, not the social worker.

@van6278

2 күн бұрын

Bull shif ...... In 2021 (most recent), Subsidies for business' were $481,944,000,000 in the United States. But $1.3 trillion is spent on welfare. That's 14% of our national budget. People need to put the signs down that says "Help Me Please" and try helping themselves.

Thomas Sowell is such a sell out.

@sheriseofili3721

25 күн бұрын

A well educated joke is more apt. A third of people on food stamps work full time. 😂