And the government will get a cut of every transaction.

And that was the 90s!

That's what the progressives wanted all along. Check out the origins of social security. Most people died before or within a few years of reaching retirement. The idea was to tax the poorest workers and not have to pay it out. That's why the SS system was always borrowed from.

Such BS. I hope he’s better at balancing his checkbook than he is at this.

Say that again...

@50:45 MOVED TO NYC DUE TO LESS REGULATIONS. TIMES HAVE DEFINITELY CHANGED ALOT IN NYC.😂

“common sense” doesn’t exist. Thats why its a logical fallacy

no longer US dollars but backed by petro dollars or gold can be spent anywhere & never make it back to US

They got you at gunpoint the whole time, nothing about this is voluntary.

What a treasure

Why are they laughing?

That's all fine and good if you're talking about Japan with whom we have fair trade. But if you're talking about China, it's cheating all the way down.

Thomas Sowell is an absolute American legend. If only black americans would get behind his ideas, they'd be so much more than the pawns in Democrats' chess game.

🎉 I'd love to hear what you'd have to say about today's bureaucratic managerial class that doesn't seem to report to any government entity makes up rules and laws of its own and enforces them without judicial oversight. Oh I would love to hear what you have to say

But here in 2024 the government has broken everybody up into individual groups catered to their special interests set each other upon each other like fighting roosters all to distract us from an overpowered things have changed since she spoke

🎉 And it's doubly worse when the government creates those programs to meet some social need without the society actually requesting it or actually needing it but to impose rules and regulations for the only purpose of control.😊

complete video? where?

You own what you produce unless you’ve entered into an agreement with someone else to produce on their behalf, e.g., a job.

This concept doesn’t work with China as we see now. China uses the money they receive from American consumers and companies to finance influence, their military etc. they have long range capabilities that can reach US shores, not to mention US allies. 🤦🏻‍♂️

SO many people 100+ years ago who eventually achieved great things and helped so many people achieve their own success, did NOT have even a High School education. Read the book: “Freedoms Forge”.

Man in a nutshell; freedom, personality, property ❤️

Except statists... They steal

Hey bro your Country hecked up "whole" economy with their "organized statism".

Godless society

The future is unfortunately going to include our rights being taken away from us because people voted for selfish reasons

More people need to hear this

They went 180 degrees. These organisations,aclu, ect, are gone. They went full cancel

Communism at work!

Greatest thinker in the last century

This is why people need to be organized at their workplace. Otherwise they have no voice.

Try its basic national security concerns, you can't have your enemies or supposed allies have control of vital resources.

This man is wonderful

since my addiction to this youtube 3 years ago. i got turned on to Mr Sowell there is something worthwhile in this format, I wish I had been introduced to this man in my younger days. I think it should be required reading many of his books. thank you for the upload . Mr Sowell always opens my eyes,

I am sure Milton is spinning in his grave everyday now.

look... if the tiniest of invonveniences will bring up some free/hate speech pile on, freedom of thought would be a very good minimum baseline to protect and defend. who would argue with that?

is it just me or the free/hate speech debate about where the line is... in legal terms can be tackled by asking: well, is (pick a contentious case) free speech or incitement? in semi public places like a pub or coffee shop, saying idiotic things loudly with the unambigous, deliberate intent (as in the person is well aware what theyre saying is offensive in the local context and likely to offend, thats definetly rude but pretty unlikely to be enforceable.

Thomas is a great man. I only wish I had know about him earlier in my life. I feel that we would have been great friends. lol

Comments tell me they didn’t watch the rest of the lecture 😂😂😂

I’m not an American, bur reading his books and watching his interviews, I can say that Mr. Thomas Sowell is one of the most brilliant intellectuals on the planet. We are lucky to have him as a guide.

Should have been president not that other idiot

Folks. You are missing the initial point. If Japan ( or whatever country ) never spends the green pieces of paper, that's also acceptable, because ( as Friedman says ) in this case you get the steel and you never have to return the favor. Stop being daft, my God it's 2024 wake up to basic math

Economics is not objective. Like other things in life it can be bent to a subjective agenda

Brings the fall of a nation

💯 Honest days pay for an honest days work. Noone owes anyone anything.

Americans should have implemented Dr. Sowell's ideas decades ago. The USA would be better place today. He could be the President. Instead they chose.... the rest is (sad) history. Wonder what Oprah has to say?

History major here. To obtain power you turn people against each other. Why do you think they stopped teaching history in public school. We are All being played

Mr. Milton has great sense of strong economy for America’s prosperity, encouraging entrepreneurship spirit and Americans happiness realistically for learning as why and how. I have listened many of his speeches by wisdom if economy growing. As a nation’s greatness, nothing can achieve greatly, if economy going down and national debts maintained high and Americans’ emotions stimulated higher. Only best and better policies will be the best medicine to stimulate economy growth, returning debts quickly and heal Americans’ emotions quickly by learning to do better quickly together.

Why is this man not your president, and Noam Chomsky the Chief of Staff? If the media were not controlled by corporation, they may well have been. In essence we ( in North America ) live under oligarchs- and drug lords.

What was your wake-up call? Facts. The Brilliant Dr. Sowell.

When you're talking about NYC schools being a disaster, don't omit one of the major reasons. In the 50s they were staffed largely by Jewish teachers intent on doing social good. These teachers were driven out in the 60s by black activists insisting that only black teachers could understand and teach black kids. Guess they were dead wrong, given the results.