Thomas Sowell - The Money Of Fools

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  • Опубликовано: 7 сен 2024
  • Thomas Sowell on the dynamics of political currency. www.LibertyPen.com
    Book: Thomas Sowell Reader
    Publisher: Blackstone Audio Books
    Buy it: www.blackstonea...

Комментарии • 199

  • @lisat9322
    @lisat9322 8 лет назад +134

    Thomas Sowell is one of THE most brilliant men alive. Too bad we couldn't have had him for POTUS. We'd be in a very different and much better place today. What a missed opportunity for us and a boon to any student who has had him as a teacher.

    • @azmike3572
      @azmike3572 5 лет назад +11

      He wouldn't run, because to campaign and win the Presidency you have to please too many groups, especially if you're a Democrat; worse if you're a Libertarian, as he is.

    • @melbourneopera
      @melbourneopera 5 лет назад +3

      He would be better as an educator than as a politician. Some are good to teach but not necessary good as leading.

    • @gatsbylight4766
      @gatsbylight4766 5 лет назад

      _"Sowell"_ ?! _"Brilliant"_ ?!? Well aren't you the naive and miseducated one.
      Sowell has a negative critique of every policy maker, administrator or politician to have ever lived... Yet, Sowell himself has never worked a day in his life as a policy maker, administrator or politician. The man _talks_ for a living. Believing that the insights of Thomas Sowell are relevant is the equivalent of expecting a world class piano performance from a man who has talked about how to play the piano all of his life but has never himself played one.
      There are two types of people in this world: People who _do_ , and people who vainly attempt to criticize _people who do_ . Being on the job and doing the job is very much different than talking about and theorizing about a job.

    • @usmc1992usmc
      @usmc1992usmc 5 лет назад +19

      Gatsby Light
      Apparently, you aren’t familiar with much of Thomas Sowell’s material as he is hardly critical of EVERY policy maker or politician. He is highly critical primarily of liberal/leftist ones. He often references past administrations and successful policies. Among MANY others, I recently heard a clip with him praising Warren Harding ‘s hands off approach to the economy.
      Furthermore, your logic makes about zero sense. By your logic, a single man watching a father beat the sh*t out of his child would not be warranted in criticizing that father as a bad parent. It’s essentially irrelevant whether or not someone can do, or has done, something personally or not. There is only right and wrong.
      Take a look at yourself. You are critical of Thomas Sowell, with zero credentials and 1/100th the education and research that Thomas Sowell has completed- yet you are still able to intelligently critique....errr, nevermind. That was a bad example.

    • @englishguy9680
      @englishguy9680 4 года назад +5

      He really should have been the first black President. But he was offered roles in government and turned them down. Proving as Douglas Adams put it
      “The major problem-one of the major problems, for there are several-one of the many major problems with governing people is that of whom you get to do it; or rather of who manages to get people to let them do it to them.
      To summarize: it is a well-known fact that those people who most want to rule people are, ipso facto, those least suited to do it.
      To summarize the summary: anyone who is capable of getting themselves made President should on no account be allowed to do the job.”

  • @nelsano3
    @nelsano3 11 лет назад +37

    Agreed! I think the way he writes is just so easy to follow.. He's so 'accessible' unlike most learned people can be.. I think he is a master of language. I love watching these clips and feel they need to be more widely viewed and (more importantly) paid attention to. Today more than ever!

    • @nathanhiggins1438
      @nathanhiggins1438 4 года назад +2

      Accessible but packed with information.

    • @areez22
      @areez22 4 года назад

      You both say the truth.

  • @marthacmd
    @marthacmd 11 лет назад +7

    Dr. Sowell is truly unbelievable.. a real treasure! he built on his understanding as he continue his career- and master UNDERSTANDING

  • @kingofcobwebs
    @kingofcobwebs 9 лет назад +61

    For an economist, Sowell is a pretty amazing semiotician.

  • @deepvoodoo
    @deepvoodoo 10 лет назад +172

    There should be a video game called "Social Injustice: Intellectuals Among Us"

    • @chimpout
      @chimpout 3 года назад +5

      Old comment but I understood that reference

    • @David-ni5hj
      @David-ni5hj 2 года назад +1

      Damn, this comment is criminally underrated

  • @nelsano3
    @nelsano3 11 лет назад +3

    Thomas Sowell is absolutely brilliant.

  • @imonlyamanandiwilldiesomed4406
    @imonlyamanandiwilldiesomed4406 5 лет назад +1

    If any person in the world alive today embodies wisdom, it is Thomas Sowell.

  • @robertj.simpson354
    @robertj.simpson354 7 лет назад +19

    The Jazzy introduction to Tom Sowell's Liberty Penn segments is ultracool - the only Jazz I have heard that I really like. Sowell is equally cool.

    • @dzemperator
      @dzemperator 6 лет назад +3

      Nate leath - take five (a cover of dave brubeck). I couldn't find it on youtube though but on some random site

    • @egzonkrasniqi8773
      @egzonkrasniqi8773 3 года назад +1

      @@dzemperator ruclips.net/video/8J3tuCczsUs/видео.html

    • @dzemperator
      @dzemperator 3 года назад

      @@egzonkrasniqi8773 Yeah, uploaded it in the meantime lol
      Thx for the shoutout

  • @christopherpatitsas4193
    @christopherpatitsas4193 4 года назад +6

    I have been reading Thomas Sowell's books and essays for years and I am forever in his debt. Happy birthday Professor Sowell and God bless you.

  • @imonlyamanandiwilldiesomed4406
    @imonlyamanandiwilldiesomed4406 5 лет назад +4

    "Whoever speaks on their own does so to gain personal glory, but he who seeks the glory of the one who sent him is a man of truth; there is nothing false about him." -Christ (John 7:18)

  • @BaldWorld
    @BaldWorld 9 лет назад +76

    Pure genius.

    • @reachforacreech
      @reachforacreech 9 лет назад +1

      BaldWorld really?so sowel makes a point that so many government laws dont work at all.is he suggesting that we get rid of those laws?does he not give them as examples to further his argument that we should get rid of somethings,and therefore that they share the same premises? but of couse he will contradict himself at some point if questioned .for instance he seems to have no problem whatsoever with the authoritarian school system we have,but wouldn't that be government law aswell? people also take it for granted that private property laws are also regulations,are we to conclude that they also do not work and should be abolished.of course that is the conservative viewpoint,to throw away that which seems trivial and keep that which he posits as supremely untouchable without question. in fact he idea of getting rid of social justice is itself a form of social justice, he feels it is theft or a bother to the system if these things are takeing place,therefore they are an injustice,he will of course go onto some pedantic string of well suited words and quotes,but these only obscure the premise that these are both social justices.

    • @nevermind824
      @nevermind824 8 лет назад +8

      +reachforacreech He does not believe in the school system. He wants independent schools paid for by government vouchers, allowing full parental choice

  • @GregoryTheGr8ster
    @GregoryTheGr8ster 12 лет назад +1

    I agree with Sowell about "social justice", but don't forget "trickle-down theory". Whoever coined that phrase deserves a Pulitzer Prize, or some such award. It is a doozey!

  • @RickyJr46
    @RickyJr46 4 года назад +5

    Eagerly awaiting my copy of The Thomas Sowell Reader. I know it will both edify and entertain!

    • @genesiskeglar6372
      @genesiskeglar6372 4 года назад

      Big brain 🧠 💯
      I need to pick up more of his books and read them. I’ve read two, but I’m not a consistent reader. Enjoy the wisdom...

  • @marthacmd
    @marthacmd 11 лет назад +2

    I have never heard of anyone more defining of his calling than Dr. Sowell... so authentic

  • @crusky
    @crusky 12 лет назад

    I respect Sowell a lot. He is very thorough in his thought process and research.

  • @thefakenewsnetwork8072
    @thefakenewsnetwork8072 3 года назад +1

    Legend

  • @RickW0071
    @RickW0071 11 лет назад +3

    You hit the nail on the head!!

  • @opaguiar
    @opaguiar Год назад

    I love this man

  • @mikeh5629
    @mikeh5629 4 года назад +1

    Love Thomas Sowell! He would have been a great POTUS!

  • @piersdermot7932
    @piersdermot7932 8 лет назад +1

    Utterly brilliant man, if he can't be president let him be chief adviser to our leaders!

  • @MrBolas33
    @MrBolas33 12 лет назад

    I love listening to this guy. He explains thing so clearly.

  • @wmwm6252
    @wmwm6252 4 года назад

    Thank you for the words for wisdom

  • @robertj.simpson354
    @robertj.simpson354 7 лет назад +16

    If lefties and SJWs would seriously and honestly study one, just one, of Sowell's books, they'd have their worldview turned upside down and inside out - in other words, they'd get their minds straightened out. His writing is very accessible to laypeople, but they aren't dumbed down. I mean the connection between Hobbes "money of fools" and redistributive justice is like honey flowing into my ears and mind (Redistributive justice is the idea that inborn temperaments, talents, and familial and social conditions into which a person is born is arbitrarily determined for any given arrangement of basic social institutions. This being the case, given that some citizens will be, through no merit of their own, at the outset advantaged, while others, again, through no fault of their own, will be relatively disadvantaged from birth. Since what is materially or politically valued is merely a function of the arrangement of the basic social institutions, these institutions, therefore, can be reorganized so that whoever is born with the most materially and politically adventageous set of biological, familial and socioeconomic talents and circumstances which in time is instantiated by higher income, wealth, and political influence may only benefit from their arbitrarily determined superior position in life so long as those who are least well off, on account of their comparatively lowly starting point in life, likewise benefit proportionately in terms of material and/or political gain. Sounds like a theory that creates a more fair society doesn't it? However, the real world consequences are dire, are they in fact playing out right before our eyes as Western nations edge ever closer to fiscal insolvency and socioeconomic upheaval, even armed rebellion.)

    • @bjblues7823
      @bjblues7823 5 лет назад

      Political rhetoric, brainwashing of words and the Clintons are keeping American society down.

    • @Jay_Sullivan
      @Jay_Sullivan 4 года назад

      ‘He has white privilege; his words are meaningless.’

    • @chrismckell5353
      @chrismckell5353 4 года назад

      @Inebriatd you need both ,emotion without logic or reason is bad.
      Logic and reason without emotion is also bad, we need to recognise that emotions play a large part in our decisions but temper them with reason and logic. Balance is what we lack.

  • @megadrummer2
    @megadrummer2 12 лет назад

    @Andybaby I understand what your saying, I think the only way to be completely fair and not get anyone upset is to use the same person in both instances. One pic goofing off & the other studying hard. I don't tend to see these kind of differences when I'm trying to grasp the ideas of what he is saying. I do however when it is a blatent attempt to make the distinction apparent to the viewer. Mr. Sowell I believe, wouldn't have even given this any thought before hand.

  • @flexolos
    @flexolos 12 лет назад

    I won't argue about the definition of pure logic. Lets just agree that it is a good argument.

  • @NecessariusVerum
    @NecessariusVerum 11 лет назад

    Chicago has one of the strictest gun controls. And one of the highest gun violence rates.

  • @leroyjackson
    @leroyjackson 10 лет назад +8

    words are the money of fools

  • @lumduandee6588
    @lumduandee6588 5 лет назад +1

    An individual who does not work to better himself shouldn't scream social injustice, yet this is what many do.

  • @joebloggsgogglebox
    @joebloggsgogglebox 12 лет назад

    I'm not saying that rent control is right or wrong, I'm saying we can't say either way (at least not from the simple reasoning given by Sowell in this video).

  • @nohopeequalsnofear3242
    @nohopeequalsnofear3242 4 года назад

    Sowell is a genius....plain and simple. He is my mark twain

  • @seibrav
    @seibrav 11 лет назад

    Greed can lead to unethical behavior. It may not be illegal, but it may still be unscrupulous. Ethical just rewards should be denied to no man.

  • @El_Cid-40
    @El_Cid-40 9 лет назад +4

    What he is explaining towards the beginning is doublespeak, essentially. For more information see George Orwell's "1984."

  • @th86stone
    @th86stone 12 лет назад +1

    excellent vid, wise words

  • @cliffordgill9052
    @cliffordgill9052 4 года назад

    I must read ALL of his books

  • @TSAONGAF
    @TSAONGAF 4 года назад

    It's tragic that a genius like T. Sowell would never run for president. We're stuck voting for the lesser fool of two

  • @oxomaticman
    @oxomaticman 11 лет назад +5

    And when you deny someone petitioning you for money under the guise of "doing it for the children" because you have seen proof of current funds they are receiving being wasted or stolen, that must mean you oppose children, right? RIGHT? Ugh.

  • @TheSeanoops
    @TheSeanoops 4 года назад

    The man is absolutely right.

  • @nitish523
    @nitish523 4 года назад

    We live in a cruel world. We think we have civilized but we are not.
    There a handful of knowledgeable people around the Global like Mr Thomas Sowell.

  • @flexolos
    @flexolos 12 лет назад

    your right in the way that rents in new york would be high either way but as you saw it is possible to explain why high rents get even higher through rent control

  • @0HippyHunter0
    @0HippyHunter0 12 лет назад

    @UncleIrv Thats awsome. Try this: The Government and Politics of the Middle East and North Africa (Long & Reich). Its a book, or "propaganda" as you call it. Be sure to get the latest edition. That should help you immensly when it comes to your rampant and aggressive ignorance on the MENA.

  • @ppumpkin3282
    @ppumpkin3282 4 года назад +1

    I had a rent control apartment in NY. Sweet deal for me. Eventually I got a family and had to move out, but I later regret I didn’t keep it as an extra pied a terre. Being a landlord in NY is hell, I would never want to own rental property there. By the time I moved out I had 100k in savings.

  • @panpiper
    @panpiper 12 лет назад

    Equality (social justice) aught not be about everyone 'being' equal, or otherwise being 'made' equal. Equality aught be about everyone simply having equal 'rights'. That most emphatically does not mean the 'disadvantaged' being given 'more' rights at the expense of everyone else. Any attempt to legislate such a transfer of rights inevitably creates far more harm than good, often to the very people such attempts are designed to advantage.

  • @monsterhunter445
    @monsterhunter445 4 года назад +1

    So if murder doesn't stop murder your point Mr Sowell is to not have those controls? Genius 🤣

  • @skatarest77
    @skatarest77 12 лет назад

    Thanks so much for the great vids, so nice to watch and learn.

  • @habtomsemere9371
    @habtomsemere9371 4 года назад

    Thomas sowell is a genius

  • @LibertyPen
    @LibertyPen  12 лет назад

    @xHippieHunter That could be true, but who is he not smarter than? Read Jim Cardoza "Why The Tea Party Should Champion Ron Paul" at the LibertyPen link in the video description.

  • @joebloggsgogglebox
    @joebloggsgogglebox 12 лет назад

    OK that's his hypothesis, but to prove it he has to show that rent controls have the effect of increasing rent. Just saying that cities with rent control have high rent is not enough on its own to prove this.

  • @channelname5345
    @channelname5345 3 года назад

    sometimes it can be so difficult to even convince someone that there is a difference between intentions and results. Social justice policies can have admirable intentions but people will less often check if those policies are actually bringing about the changes they wish to see. They just assume what they say will happen will happen. For this reason I feel there is no room for moral judgements of character in political discussion. We all want to help the poor, feed the hungry, give kids proper schooling, but we do not know which methods will best create those things until we test it out and check the data, that is how we grow our understanding.

  • @howardpalys6929
    @howardpalys6929 Год назад

    I'd like to see Thomas Sowell debate Noam Chomsky, the bloodbath would be fun. Chomsky would be toast.

  • @chrisabair42
    @chrisabair42 11 лет назад +1

    Brilliant.

  • @mihabrilj152
    @mihabrilj152 4 года назад

    nice

  • @christov4202
    @christov4202 7 лет назад

    Thank you for this video

  • @albertpatino6537
    @albertpatino6537 4 года назад

    Absolute genius!

  • @Rafael-rn6hn
    @Rafael-rn6hn 11 лет назад

    LibertyPen is not a right-wing channel; it's a libertarian channel. The political spectrum is not simply limited to "us VS them" of left and right. In fact, left and right are just barely even distinguishable in the US.
    And of course, if government takes upon itself the task to "regulate" or "control" something for years, but it can't even get to avoid a complete inverse correlation of intervention and results, we surely can state it does not work, to say the least.

  • @rastaman24211
    @rastaman24211 11 лет назад

    Just because there is a correlation doesn`t mean that rent controls cause high rent. In fact, it is far more likely that the causal relationship is completely reversed and high rents caused the rent controls.

  • @rastaman24211
    @rastaman24211 11 лет назад

    While I do agree with you arguments about correlation not implying causation, which many people here seem to be having a difficult time grasping for some reason, I wouldn`t say that even school children understand that idea. Maybe you`re grade schooling was better than mine, but we never really discussed that until college and especially in statistics. In fact making false causal assumption is one of the most frequent reasoning flaws that people of any age make in their arguments.

  • @DraughtOfPeace
    @DraughtOfPeace 12 лет назад

    Thought the video was going to be about currency. Great job, nonetheless. Keep up the good work, people! :)

  • @0HippyHunter0
    @0HippyHunter0 12 лет назад

    @UncleIrv I look at what G.W. did, another Institution Republican, and I cant tell him from BO. Massive deficits, wars without end or reason, benefits for their political friends. The fact is this: if the Republicans will nominate a fiscal conservative that isn't going to push 1950's social policy, I'll vote for him. Romney? Mr Obamacare himself. There is nothing about Romney that says "balanced budget".

  • @BillyJoe1305
    @BillyJoe1305 12 лет назад

    @UncleIrv I understand your position, but I see Some Problems: Romney has historically behaved much like Obama, Gingrich is behaving more leftist & socialist & totalitarian every day & takes the opposite extreme to Paul saying things like the Patriot act isn't strong enough, Perry will do anything popular & Bachman promotes many non free state ideals. If we pick Paul then we can hope congress pays atttention & forces him to act when necessary by, say declaring war.

  • @megadrummer2
    @megadrummer2 12 лет назад

    @dmhappy2777 This is very true. I have a mulitude of ideas and visions but without money in my family I can do very little to change the things I believe to be wrong. It is sad, there is a geneous in the poverty stricken city that no one will ever hear of.

  • @toaojackson7447
    @toaojackson7447 11 лет назад

    He didn't say it caused it, he just said it clearly isn't controlling rent

  • @kmg501
    @kmg501 12 лет назад

    @Hellfireblogs
    Just because you support freedom of assembly and speech doesn't mean that you agree with the view point being espoused.
    -

  • @SuperSneakySteve
    @SuperSneakySteve 12 лет назад

    Paul / Sowell 2012!

  • @ProjectLDV
    @ProjectLDV 7 лет назад +1

    Anyone know the name of the intro song that plays for Thomas? It's in nearly every liberty pen video and I am obsessed with knowing what it is.

    • @wordsworth41
      @wordsworth41 7 лет назад +1

      ProjectLDV. Nate Leath - Take Five

    • @ProjectLDV
      @ProjectLDV 7 лет назад

      wordsworth41 thank you so much. Best christmas gift ever

  • @patrickt873
    @patrickt873 4 года назад +1

    So true. Words that politicians use to win votes

    • @GeneralG1810
      @GeneralG1810 4 года назад +2

      True but also words lazy people use to justify leeching off a benefit system

  • @Lukeor
    @Lukeor 12 лет назад

    @gshooting Gingrich is an intellectual based on what? His adoration of FDR?

  • @flexolos
    @flexolos 12 лет назад

    Yes as I said you can hardly proof it but it is obvious isn't it? Buying real estates can be a profitable way to earn money in the case of nyc it was very profitable well obviously if you control rents you remove that incentive which results in a small market
    This is pure logic so I would say you bear the burden of proof if you don't agree.

  • @Akatam0t0ma
    @Akatam0t0ma 12 лет назад

    @wengete:
    "Too bad there isn't a younger version of him"
    Thomas Woods?

  • @rastaman24211
    @rastaman24211 11 лет назад

    I will say that he started pulling together a stronger argument on the second half of the video though.

  • @cbl2988
    @cbl2988 12 лет назад

    @UcanbeGOD Why does that obligate others to be his slave?

  • @rogeralsop3479
    @rogeralsop3479 5 лет назад

    I think that Hayek says much the same thing.

  • @deepvoodoo
    @deepvoodoo 11 лет назад

    All of this is true. Yet, I would make the case that "liberal" and "conservative" are among those words that have been used as the currency of not just fools, but even smart people who have been fooled.
    When we stop insisting that people who would be better described as "statists" are "liberal," and young Americans thereby assume, by and large, that those people are open-minded people who want to innovate, only then can we have a real dialogue and not call them what they want to be called.

  • @kentheengineer592
    @kentheengineer592 Год назад

    2:27 💀 maybe if u were not effected in multitude of ways that kept u a prisoner of these systems perhaps then u wouldnt feel that something is unjust

  • @0HippyHunter0
    @0HippyHunter0 12 лет назад

    @UncleIrv No, that isn't what he is doing. The 2012 election will be between a big goverment, war mongering liberal and a big government, war mongering, liberal. That isn't a choice. He is the only candidate I trust to pass a balanced budget amendment, pull our troop back, and move the fed towards respecting individual liberties. A vote for anyone else is a vote for the opposite of those. That is YOUR fault, not his.

  • @kmg501
    @kmg501 12 лет назад

    @xHippieHunter
    Your comment strikes me as one designed to sow division, argument and discontent.
    Thanks but no thanks. I like both Paul and Sowell and won't be distracted by the likes of you.
    -

  • @donaldgreen7471
    @donaldgreen7471 4 года назад

    Rent control means the control of the rate of the rising rent👺 It's not rocket science.

  • @EmotionalContagion
    @EmotionalContagion 12 лет назад

    @LibertyPen
    meant to ask before but what is the music at the start of the video?

  • @be4unvme
    @be4unvme 12 лет назад

    @wengete how about Peter Schiff

  • @mrthink777
    @mrthink777 12 лет назад +1

    @rockinandout Good luck brother xD

  • @flexolos
    @flexolos 12 лет назад

    So your making the Argument that because rent control didn't work(rents are still very high) it was right to have rent control because the reason for rent control still exists now? Obviously someone got fooled here. :/

  • @Andybaby
    @Andybaby 12 лет назад

    To the person who made this vid: Why did you show a photo of boys when discussing the 'lazy goof' (2:48), but when contrasting with the 'person' who works hard, show a picture of a girl? The femenazis just gave you a pat on the head.

  • @rastaman24211
    @rastaman24211 11 лет назад

    In other words, a person is 108 times more likely to be shot and murdered in Chicago than London. I would also call a gun homicide rate of 0.1/100,000 virtually no gun violence when you compare it to almost any city in the U.S.

  • @Aphoresis
    @Aphoresis 12 лет назад

    @pjallen823
    What determines whether someone "thinks for themselves", whether or not they agree with you?

  • @VicInNocal
    @VicInNocal 11 лет назад

    And that doesn't prove anything either. Correlation does not equal causation, in either example.

  • @USfutbol
    @USfutbol 12 лет назад

    thomas sowell

  • @rastaman24211
    @rastaman24211 11 лет назад

    Not necessarily, correlation does not imply causation. Your assumption is that the gun control caused the gun crime. However, it could be the case that the causal relationship is actually reversed and the high gun crime caused the gun control in those cities. In fact the latter scenario is much more likely.

  • @rastaman24211
    @rastaman24211 11 лет назад

    Rent controls have terrible unintended consequences. You would be hard pressed to find any economist who supports them. In fact one economist called them the second most efficient way to destroy a city, with only carpet bombing being more efficient.

  • @philly2210
    @philly2210 11 лет назад

    I see what you are trying to say, but what you said doesn't match what the video said at all. It is a deviation into something not implied by the video at all.
    The video's actual statement is, "despite the strongest rent control laws, NYC and SF have the highest rents in the nation." In other words "rent control" laws have not lived up to their billing. Not that the the rent control laws has caused high rent.

  • @picardoi8742
    @picardoi8742 7 лет назад

    I blame society

  • @neocuriositi
    @neocuriositi 4 года назад

    Is this a book being narrated? What's the name?
    Edit: NvM

  • @BillyJoe1305
    @BillyJoe1305 12 лет назад

    @Aphoresis He openly supported Obamacare, then didn't & if I recall correctly is back on board. He claims FDR was the best president this century, because he , quote "did bring us out of the depression." I think these things qualify him as a leftist.

  • @NecessariusVerum
    @NecessariusVerum 11 лет назад

    Explain how it doesn't. Explain how in Switzerland that isn't the case(lowest murder rate high gun ownership) And explain how in NYC that isn't the case(high gun cime high gun death rate). Correlation DOES equal causation in these cases. Admit you are wrong in things you haven't studied, it's much easier than denying clear cut facts about reality. Also to get the principles, hould I jhave the right to defend myself with whatever I choose? Yes. If not, then who is going to come stop me? Gov. Guns

  • @Aphoresis
    @Aphoresis 12 лет назад

    @0HippyHunter0
    Actually the founders were pragmatic men that believed in dealing with situations as they were, not living in an ideological fog of denial.
    Yes, if we get a chance to go back in time we should never even step foot in the Middle East, but that's not going to happen.
    I would have just let the Middle East just devovle after the Turks fell.

  • @rastaman24211
    @rastaman24211 11 лет назад

    Normally I like Sowell and agree with many things that he has to say. This argument was not a very good one though. The conclusions were based on false causal assumptions and invalid analogies. He needs to step his game up.

  • @joebloggsgogglebox
    @joebloggsgogglebox 12 лет назад

    Wow, for someone that likes to debunk statistical fallacies this is really poor (or perhaps deliberate sophistry). Think about cause and effect, is high rent in New York caused by rent control laws, or are rent control laws a response to high rent? It is not "obvious" that rent control laws do not control rent. Nice words Thomas, but not everyone is so easily fooled.

  • @punkrockdrummer
    @punkrockdrummer 11 лет назад

    fucking right (A)

  • @rastaman24211
    @rastaman24211 11 лет назад

    I don`t support gun control, but I have to side with Vic on this one. Correlation does not imply causation. The analogy that you used was invalid. You can`t really compare crime rates in an entire country to crime rates in a particular city. Your argument falls apart when one considers a city such as London which has some of the strictest gun laws in the world and virtually no gun violence.

  • @AntonSlavik
    @AntonSlavik 9 лет назад

    ultrademigod needs to see this.

  • @joebloggsgogglebox
    @joebloggsgogglebox 12 лет назад

    It's not how high rents are that is important, it's how much higher/lower they would have been without rent control. By Sowell's logic diets don't work because it's mostly fat people that are on them.

  • @Odinshi
    @Odinshi 12 лет назад

    @LibertyPen I'm totally smarter, and more humble too!