2min snip

Know Your Enemy cover image

Milton Friedman and the Making of Our Times (w/ Jennifer Burns)

Know Your Enemy

NOTE

Discrimination as Taste and Price

Discrimination is viewed as a taste in the market analysis, where individuals pay a price for their illogical biases. This perspective suggests that over time, people will realize that racism is not a price worth paying, leading to its elimination. However, this approach does not align well with the black experience, as the historical trajectories of discrimination faced by minority groups differ significantly. The belief that success achieved by one group should be replicable by others is an oversimplification based on personal success and does not validate the diverse struggles of different communities.

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