Wealth, Poverty, and Politics: An International Perspective

By Thomas Sowell
Read by David Cochran Heath

8.45 Hours 09/08/2015 unabridged
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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.

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Summary

Summary

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.

Editorial Reviews

Editorial Reviews

“Hoover Institution economist Sowell minces no words in his hard-hitting survey of global wealth and poverty…His compelling survey of what generates success and failure worldwide will challenge committed progressives…Open-minded readers will find Sowell’s directness, honesty, and common sense refreshing and often wise.” Publishers Weekly
“A worthwhile read. Had such an approach been available in this reviewer’s student days, his understanding of the world would be that much better.” Library Journal
“Challenging contrasting views of prominent academics, including Nobel Prize–winning economist Joseph Stiglitz, Sowell throws down the gauntlet to his peers with differing positions. This challenging book will enhance and promote ongoing and important debates and discussions.” Booklist
“A provocative analysis of the universal causes of economic success and failure…While Sowell offers no pat solutions, his implied argument that cultural considerations must inform any serious attempt at improving the economic prospects of an underperforming nation or group merits serious consideration.” Kirkus Reviews
“Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.” Conservative Book Club
“Sowell is…the most original and interesting philosopher at work in America.” Paul Johnson, New York Times bestselling author, praise for the author
“I’ve read all his books and never been even faintly disappointed.” Fred Barnes, executive editor of the Weekly Standard, praise for the author

Reviews

Reviews

Author

Author Bio: Thomas Sowell

Thomas Sowell is a senior fellow at the Hoover Institute and the author of A Personal Odyssey, The Vision of the Anointed, Ethnic America, and several other books. His essays have appeared in the New York Times, the Wall Street Journal, Time, Newsweek, Forbes, and Fortune and are syndicated in 150 newspapers. He lives in Stanford, California.

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Details

Details

Available Formats : Digital Download, Digital Rental, CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 8.45
Audience: Adult
Language: English