Uncommon Knowledge - Thomas Sowell - Basic Economics

Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell University, UCLA, and Amherst College. Now a senior fellow at the Hoover Institution, Sowell has published more than a dozen books, the latest of which is a revised and updated edition of his classic volume, Basic Economics.

"Through its various editions," Sowell writes, "the fundamental idea behind Basic Economics remains the same: Learning economics should be as uncomplicated as it is informative." Here, Sowell seeks to uncomplicate some of the economic issues confronting the country today, from the financial crisis and the role of the Fed to the economics of health care and trade imbalances.

aired January, 2011

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Uncommon Knowledge - Thomas Sowell - The Vulgar Pride of Intellectuals

Peter Robinson talks to economist Thomas Sowell about his book "Intellectuals and Society." Robinson and Sowell discuss the fact that intellectuals play a disproportionate role in society, as evidenced by linguist Noam Chomsky's influence on liberal politics. Is a fancy education a high speed rail ticket to fallacy? Find out as Professor Sowell discusses the pride and fallacies of the intellectuals, in addition to the unused brilliance of the masses.

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Dr Thomas Sowell - The Second Edition of Intellectuals and Society

On the occasion of the publication of a new edition of his book Intellectuals and Society, Thomas Sowell returns to Uncommon Knowledge for a wide-ranging interview.

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Thomas Sowell - Parallels To Rome

Signs indicate America has seen its better days. Excerpts from Uncommon Knowledge with Peter Robinson.

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Thomas Sowell - Class Warfare Fallacies

“Whether Barack Obama is simply incompetent as president or has some hidden agenda to undermine this country, at home and abroad, he has nearly everything he needs to ruin America, including a fool for a vice president”
Dr. Thomas Sowell

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Thomas Sowell - The Path To Better Schools

"One of the schools I researched years ago that impressed me the most -- in fact, moved me to the verge of tears -- was a ghetto school in a run-down building, located in a neighborhood that caused a friend to say that I was "brave" -- he probably meant foolhardy -- to park a car on the street there.

The children in that school scored above the national average on tests. In their classrooms, they spoke the King's English, behaved like little ladies and gentlemen, and made thoughtful answers to the questions they were asked. Yet these kids came from poor homes, often broken homes, and many were on welfare.

You can't buy that quality of education for any amount of money.

It has to be created by people who have their priorities straight. Don't tell me it can't be done when I have seen it done with my own eyes."
Dr. Thomas Sowell

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Thomas Sowell - Derrick Bell And A Revenge Society

"One of Barack Obama's great 'Gifts', is the ability to say things that are absolutely absurd and make them sound not only plausible but inspiring."
Dr. Thomas Sowell

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THP Videos - Revolution - Barack Obama's Fundamental Transformation of the United States

"One of Barack Obama's great 'Gifts', is the ability to say things that are absolutely absurd and make them sound not only plausible but inspiring."
Dr. Thomas Sowell

Click To Visit My YouTube Channel

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Dr. Thomas Sowell - At What Price?

"Not all voters want to be realistic, of course. Some voters, whether Democrats, Republicans or independents, treat elections as occasions to vent their emotions, rather than as a process to pick someone into whose hands to place the fate of the nation.

People who think this way tend to vote for someone they just happen to like, whether for personal or ideological reasons, and regardless of whether that candidate has any realistic chance of being elected.

The surprising support in the polls for Congressman Ron Paul seems to be of this sort. But does anyone seriously want to put the fate of this nation in the hands of a man who can casually brush aside the danger of nuclear weapons in the hands of Iran, the world's leading sponsor of international terrorism?"
Dr. Thomas Sowell - 12/28/2011

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Dr. Thomas Sowell - The Dismantling of America

"Just one year ago, would you have believed that an unelected government official, not even a cabinet member confirmed by the Senate but simply one of the many “czars” appointed by the president, could arbitrarily cut the pay of executives in private businesses by 50 percent or 90 percent?

Did you think that another “czar” would be talking about restricting talk radio? That there would be plans afloat to subsidize newspapers — that is, to create a situation where some newspapers’ survival would depend on the government’s liking what they publish?

Did you imagine that anyone would even be talking about having a panel of so-called “experts” deciding who could and could not get life-saving medical treatments?

Scary as that is from a medical standpoint, it is also chilling from the standpoint of freedom. If you have a mother who needs a heart operation or a child with some dire medical condition, how free would you feel to speak out against an administration that has the power to make life-and-death decisions about your loved ones?

Does any of this sound like America?"
Dr. Thomas Sowell

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Related Post: Dr. Thomas Sowell - The Difference Between Liberal and Conservative
Related Post: Dr. Thomas Sowell - Facts and Fallacies
Related Post: Dr. Thomas Sowell - Basic Economics

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Fannie and Freddie's Reckless Lending Practices

"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Barney Frank.(D)

FANNIE MAE and FREDDIE MAC DOWNGRADED:

The fallout from the nation's credit downgrade continued Monday (8/8/11), as Standard & Poor's announced government-sponsored housing giants Fannie Mae and Freddie Mac were also getting their top rating slashed. The two government-sponsored enterprises saw their credit rating from S&P fall from AAA to AA+ after the rater dropped the nation's rating to the same level on Friday. Raters have noted that the two government-sponsored enterprises' (GSEs) ratings are closely tied to the nation's, especially since the federal government brought the two under federal conservatorship during the 2008 subprime mortgage crisis.

"I don't see anything in your report that raises safety and soundless problems."

Barack Obama and NINJA loans.
One of Barack Obama’s tasks at ACORN, where he worked with Madeline Talbott, was teaching community activists how to use “direct action” and be more forceful in demanding change.

The “in your face” style preached by Barack Obama was used by activists to stage sit-ins and demonstrations at banks to garner publicity and support for more bank loans for (sometimes unqualified) poor people.

(ACORN staged a two-day sit-in at the House Banking Committee room in 1991.)

ACORN Tactics included picketing at the homes of bank executives and calling them racists for not lending to the poor.

Among the banks targeted by Talbott and Barack Obama was Chicago’s Bell Federal Savings (which no longer exists).

The Chicago Tribune, in September of 1992, referred to the ACORN agenda as “affirmative action lending.”

Critics later refer to those types of mortgages as “Ninja” loans (“No Income, No Job, No Assets”) or “liar’s loans,” because the bank takes the applicant’s word for his stated income, assets, and job stability without verification.

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Related Post: Housing Boom and Bust - The Current Economic Disaster
Related Post: Dr. Thomas Sowell - The Dismantling of America
Related Post: Affirmative Action and Socializing the Big Three

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Dr. Thomas Sowell - Basic Economics

Thomas Sowell has studied and taught economics, intellectual history, and social policy at institutions that include Cornell University, UCLA, and Amherst College. Now a senior fellow at the Hoover Institution, Sowell has published more than a dozen books, the latest of which is a revised and updated edition of his classic volume, Basic Economics.

"Through its various editions," Sowell writes, "the fundamental idea behind Basic Economics remains the same: Learning economics should be as uncomplicated as it is informative." Here, Sowell seeks to uncomplicate some of the economic issues confronting the country today, from the financial crisis and the role of the Fed to the economics of health care and trade imbalances.

Jan 6, 2011

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Dr. Thomas Sowell - Facts and Fallacies

Thomas Sowell outlines common misconceptions about economics, race, and racism.

May 19, 2011


Viewer Questions with Thomas Sowell on Facts and Fallicies
May 23, 2011

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Dr. Thomas Sowell - The Difference Between Liberal and Conservative

Dr. Thomas Sowell offers 3 questions that destroy most liberal arguments:
1. Compared to what?
2. At what cost?
3. What hard evidence do you have?

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Facts and Fallacies with Dr. Thomas Sowell - Chapter 5 of 5

Thomas Sowell discusses why he remains perennially pessimistic.

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Facts and Fallacies with Dr. Thomas Sowell - Chapter 4 of 5

Thomas Sowell discusses many common fallacies about income and income inequality.

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Facts and Fallacies with Dr. Thomas Sowell - Chapter 3 of 5

Thomas Sowell, the Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution, discusses secular increases in crime and fatherless black families. Sowell blames the problems on the social programs implemented in the '60s.

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Facts and Fallacies with Dr. Thomas Sowell - Chapter 2 of 5

Thomas Sowell discusses common misconceptions about race and racism.

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Facts and Fallacies with Dr. Thomas Sowell - Chapter 1 of 5

Thomas Sowell, the Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution, discusses, with Hoover research fellow Peter Robinson, whether affordable housing requires government intervention.

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Dr. Thomas Sowell

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