Thomas Sowell: Hopelessness is the Product of the Race Industry

Thomas Sowell is a Rose & Milton Friedman Senior Fellow at the Hoover Institute at Stanford University.

This first video is from an interview on Thomas Sowell’s book, “Economic Facts & Fallacies,” on Wall Street Journal Live, with Peter Robinson of the Hoover Institution.

Here are questions about his book, Basic Economics, and on the Welfare State.  It starts out with a quote from Sowell’s article from November 18, 2014.  The Full Article “A Legacy of Liberalism, can be read here.

New York Times writer Nicholas Kristof asserts that there is “overwhelming evidence that centuries of racial subjugation still shape inequity in the 21st century” and he mentions “the lingering effects of slavery.” If we wanted to be serious about evidence, we might compare where blacks stood a hundred years after the end of slavery with where they stood after 30 years of the liberal welfare state. –Thomas Sowell

Liberals like President Lyndon Johnson have been self-serving to think that government can solve the problems that they feel white people were responsible for.  Democrats in the 1960’s had to be dragged into approving Congressional acts that supported 2 Constitutional Amendments: 14th & 15th–Civil Rights & Voting Rights that were passed nearly 80-90 years before!

“Hopelessness is the product of the Race Industry”–Thomas Sowell

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