Wealth, Poverty, and Politics

  • by Thomas Sowell
  • Narrated by David Cochran Heath
  • 8 hrs and 32 mins
  • Unabridged Audiobook

Publisher's 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.

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Customer Reviews

Most Helpful

Important Contribution

The author brings clarity and common sense to questions of importance. If you are interested in the many reasons for social progress, prosperity, inequality and the success or failure of government programs, read this book.
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- Doug

A paradigm shift on the subject of equality

Common Sense. It is a term so reflexively invoked that its true meaning has been diluted and its significance misplaced. But it is with this foundational component that Dr. Sowell concocts all of his brilliant analyses of economic conundrums, many of which are truly not as complex as they have been made out to be.

Wielding the power of Occam's Razor, Wealth, Poverty, and Politics is the latest in this long stream of impactful contributions from Sowell. He is my favorite economist, though if you happen to find yourself deeply embedded within the throes of the intelleligentsia, he could very easily become your least favorite after his crystal-clear interpretations of statistical quagmires effectively shatters everything you thought you knew about current affairs.

Proceed with caution and excitement. Highly Recommended.
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- Steven Schardein

Book Details

  • Release Date: 09-08-2015
  • Publisher: Blackstone Audio, Inc.