A lot of people look at the disparate outcomes for different groups, men and women, blacks and whites. Is there anything to that? Oh, discrimination is one of a number of factors which can explain differences in a particular case. You can't just make a blanket of function that that's what it is.
Thomas Sowell of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the ideas in his new book, Economic Facts and Fallacies. He discusses the misleading nature of measured income inequality, CEO pay, why nations grow or stay poor, the role of intellectuals and experts in designing public policy, and immigration.