Wealth, Poverty and Politics

Wealth, Poverty and Politics

An International Perspective

Book - 2015
Average Rating:
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"Sowell...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"--Amazon.com
Publisher: New York : Basic Books, [2015]
Copyright Date: ©2015
ISBN: 9780465082933
0465082939
Branch Call Number: 339.3 SOWELL
Characteristics: 328 pages ; 24 cm

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r
rjk5656
Oct 10, 2017

Sowell has the background, education and track record to speak on very delicate issues that most people are not allowed to have open, public discussions on without severe consequences. Much of the book is redundant if you've read "Basic Economics" but it's still worth reading. Put your preconceived views of the world to the side just long enough to read the "political factors" chapter and it will be worth your time.

r
rkelly3344
Jan 21, 2016

Dr. Sowell is an intellectual. The author provides examples from history which explain why there are several factors that contribute to the disparity of wealth between various ethnic groups, nations, etc. Anyone who actually reads the book with an open mind will have a better understanding of the subject. The book is not an easy read, but is worth it.

b
brianod1
Dec 10, 2015

Why would someone comment on a book they clearly hadn't read?

EuSei Aug 04, 2015

(Just wondering here how people know how much Dr. Sowell is paid... And what exactly matters how much $ he makes.)

n
naturalist
Jun 11, 2015

Some perspective on the author: . . . http://www.rightwingwatch.org/category/people/thomas-sowell

s
StarGladiator
Jun 10, 2015

Sowell, forever blithely confident at his all knowing persona, claims: // ignoring the true determinant of income inequality: the production of wealth \\ - - Sorry, dude, but the ultra-concentration of ownership is what leads to ultra-concentration of wealth. And since these four major investment firms: BlackRock, Vanguard Group, State Street and Fidelity or FMR LLC, are the majority shareholders in the majority of major corporations throughout North America and Europe, we know where to begin should anyone really investigate who those ultra-owners really are. [And fantasy finance ain't wealth production, Mr. Sowell - - it's wealth and asset destruction!]

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