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Wealth, Poverty, and Politics

An International Perspective

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Wealth, Poverty, and Politics

By: Thomas Sowell
Narrated by: David Cochran Heath
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About this listen

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in the country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth-production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state.

Refuting Thomas Piketty, Paul Krugman, and others, Sowell draws on empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

©2015 Thomas Sowell (P)2015 Blackstone Audio, Inc. Economics Economic Inequality Economic disparity Money Imperialism Liberalism Business Colonial Period Socialism Taxation Social justice China Middle Ages Capitalism Africa Imperial Japan Middle East Latin America
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Thomas Sowell presents an alternative perspective on economics than what you'll hear from much of the main stream media. It will challenge your assumptions.

Excellent paradigm shifting information

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easy to understand for all. engaging and thoughtful. Sowell is great once again. looking forward to the next book.

Sowell is excellent again

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Thomas Sowell challenges every preconceived conception we ever had about race, politics, wealth, poverty, culture, geography, and explains clearly how many of the results that we see are the natural consequence of the different environments we experience and cultivate, rather than one groups malicious attacks on another group, although that dies happen, and it is to everyone's detriment, even the oppressors.
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."

A lot to think about

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I really loved how many preconceptions were just swiftly invalidated, or heavily deconstructed to the point of annihilation. This book is great for those who wish to gain some insight and analytical perspective.

Informative and shocking

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An absolute must read! If only this was compulsory reading for high school. Highly recommended

Amazing! One of the best books I have heard

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This book is a must if you’ve ever wondered why some countries are richer than others or if you or anyone you thought socialism was a good idea

Excellent

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a clear and thoughtful dive into important history. sowell is one of our most treasured Intellectuals. thank you

clarity and wisdom

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I am a huge fan of Thomas Sowell. All of his writings are just brilliant. This book certainly challenges the readers views on topics from economics, to welfare, immigration, racial issues etc.

Brilliant

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My favourite thing about Sowell's books is how concise he is, almost each sentence is a gem worth remembering on it's own. This is a book that deserves multiple reads/listens through.

Very litty indeed

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loved the book and it made me rethink my understanding of rich getting richer and poor getting poorer. it is excellent at spelling out how statistics that cover only a small portion of situation will give very different results to those that are detailed and time framed

how bad statistics leads to bad policy

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