
Thomas Sowell on Economic Facts and Fallacies
EconTalk
The Utopia of the Intellectuals
Economics is a little bit complicated, he says. We don't want to learn the lessons of economics that we're taught in school and on college campuses today; it's more emotionally satisfying. He thinks Hillary Clinton plays essentially the role of the static laws: "That's what people want" The economic explanations are unsatisfying but they sell politically when you say someone has done something wrong,. That's the kind of stuff that sells politically.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.