Uncommon Knowledge with Thomas Sowell

Hoover fellow and author Thomas Sowell discusses his essay "'Trickle Down Theory' and 'Tax Cuts for the Rich.'" Click the following link to purchase his essay
www.scribd.com/doc/105544135/T...
To listen to an mp3 of the interview go to:
itunes.apple.com/us/podcast/un...
feeds.feedburner.com/UncommonK...

[@Miatacrosser]

Just as in 1992 when one of our pilots here in California, who had defected from the Czechoslovakian military, told me during the democrat primaries that he'd been watching this Bill Clinton guy. He came right out and accused him of being a communist. This seemed a little far fetched for me but he looked at me and said, "He speaks the party line. Believe me I've heard it all my life and this man Clinton speaks no different than any communist leader I ever heard." Takes one to know one

[@Komnenos1234]

The Sowell reaction cam is absolutely priceless.

[@UNDFTDGordon]

Alexios Komnenos I second that emotion.

[@royrosales81]

I really enjoy the Sowell cam too.

[@Willsturd]

In various interviews, he talks about being Marxist when he was at Chicago University. He remained a Marxist even after attending class under Milton Friedman. He then worked for the Labor Department for the Government. It was there when he saw how inefficient, ineffective, and terrible the government was at doing anything. Then he changed views and the rest is history.

[@earlyhourbandit]

I am new to Dr. Sowell, but wish I had found his teachings sooner.

[@ericlopez6866]

Sowell keeps it so real it hurts.

[@gneisenau77]

Thomas Sowell should be mandatory reading for any in public office.

[@103jdavid]

This is a quote, once attributed to a french other falsely, hope you enjoy. "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."

[@kkampy4052]

This needs to be shown around the clock on all college campuses.

[@erasedv101]

Ha! Wasting your time there! They're conservative ideas, they'll shout for safe spaces.

[@dannymckenna7523]

Not all of them! Some of us economics students can't get enough of T.Sowell! Certainly good for the soul

[@dannymckenna7523]

3 exclamation marks, you can tell i'm typing this drunk

[@erasedv101]

Daniel McKenna There're a long of these Conservative Foundations popping up now, problem is, in Demographic areas with large "minorities", they often vote/support single voting blocs, it's tough to break through in those places, these ideas aren't going to carry much weight in Los Angeles or New York.

[@rocco1267]

K Kampy their 🤯 progressive heads would explode

[@13Rumple4skin]

"It's like being a mosquito at a nudist colony, you don't know where to start." HAHAHAHA!!!!!

[@jackmagdiel1750]

Thomas Sowell is one of the greatest intellects and most honest ppl in our society. Thank you Tom.👍🇺🇸❤

[@genericnamehere7602]

That fact that this video has such low viewership is incredibly disheartening. We should be promoting this man and his teachings. We'd be FAR better off than we are now if he were taught in our classrooms.

[@AdamM]

Great stuff! Thomas Sowell is great. loved his quote "The only way the constitution can protect us, is if we protect the constitution." - soo true!

[@dr1742]

It is amazing that Dr. Sowell said this about a decade ago, we see exactly what he said happening with our economy right now in present time, and individuals somehow still believe that those on the left has any concern for the economic status of the average people of this country. The numbers do not lie. Only the politicians do.

[@Ulysses8813]

Sowell's view, as I understand it, is that nobody should be in control of the economy. Not even him.

[@cujonautics]

The Hoover Institute proved their presentation mastery with the SowellCam during each of the Obama segments. Love it

[@socalcraigster]

I just love watching Sowell's reaction watching Michelle Obama.

[@c4call]

I would like to know what experiences he had as a child that encouraged such formation of intellect and free-thought. I hope to raise my future children to be as near this man's quality of intellect as possible!

[@TechnoSgt]

I could listen to this all day.

[@Rsambo00]

Peter Robinson and Thomas Sowell... Doesn't get any better.

[@keegan1728]

Another fantastic interview with Dr. Sowell.

[@xfl3a]

HAHA.... classic eye roll at 4:21 ... Sowell is the MAN

[@mmille10]

What Sowell said is a version of what Judge Learned Hand said decades ago, that liberty lies in the hearts of the people. If it dies there, no government, no constitution can save it. It is up to us, not the government, to hold fast to it.

[@johnmarkharris]

"the oath of office was that the would 'faithfully execute the laws' but I don't think it means the same way the mafia means 'execute'"

[@milord265]

No one is better than Sowell. He is an intellectual giant.

[@strykermoonfall2220]

He tried to warn us...

[@TheBalterok]

These should be studied in the high school classroom.

[@CarterColeisInfamous]

more more i need more sowell!

[@IDontLiveTodayJH]

Theodore Dalrymple's essays are very good, I would highly recommend them.

[@LynnTharp1971]

I love what he said about the Constitution.

[@barbarajoanne6320]

Love Mr Sowell!

[@tamething1]

Thomas Sowell, you are AWESOME.

[@buddacafe]

This man is like a Jedi Master. Nobody should dare take him on.

[@huskerfaninNJ]

LEGEND.

[@izzyplant8428]

The truth will out! Thank God for truth. God bless Thomas, an incisive thinker and VOICE addressing truth, not wishful thinking.

[@Aphoresis]

Yeah, Charlie Rose did an interview with Sowell several years ago (Sowell made him look pretty silly at times). The entire interview is available on various sites on the internet although I think KZbin only has short clips of it.

[@grands1am]

Wow, an absolutely titanic eye-roll at 4:17

[@ihavekankles]

Uncommon Knowledge needs more Thomas Sowell. He's not getting any younger!

[@199NickYT]

ok so I now love this guy. >Knows that Bill Clinton's housing bills were behind the housing crisis >Knows that the problem with liberalism is that they vote for what "feels" best OOOOHHH so good!! :)

[@GAbriarman]

As always... A great interview.

[@joekiddone]

That was great! The cutting truth presented with humility.and humor.

[@danielkelley247]

Thank you for this video.

[@kummando64]

Guys from the Hoover Institute, when are you guys are going to make an interview with Ron Paul ? That would be awesome. And I would like to see an interview with Walter Williams too. Walter Williams is my hero.

[@yjalma]

Thomas sowell facial expression are priceless. but he is an awesome economist.

[@gregbalteff9491]

this man is brilliant

[@HooverInstitution]

Google translate tool used for English translation: Dude, you're very right about Obama. I'm a gringo but I lived in Brazil a long time and if Brazil has taught me one thing, that thing was do not trust your government. PQP we're starting to go the way of Brazil while you are trying to reverse forward! Maybe one day the U.S. does not have its own Mensalão! What a world huh?

[@amostake]

You just summed up exactly why I want him to be in control of the economy.

[@handfullocheez]

this guy is completely right

[@npanther22]

Thomas Sowell's face when Michelle Obama is talking is hysterical

[@DoesntUpload]

Noticed at 09:03 that there is a typo acknowledging Dr. Sowell as the "Suthor" of Trickle Down Theory and Tax Cuts for the Rich

[@krissykriss328]

Thomas Sowell would of been a magnificent president!💖💖💖🌈🌈🌈

[@MolecularMelancholy]

Thomas Sowell has been telling the truth for so long now it's BEYOND ridiculous. Sometimes I feel good that I don't live in the US, but I am quickly sobered and realise that Australia is heading down the very same road; there's just a smaller amount of money and industrialists in play... Regardless of what happens, libertarian economics is eventually going to become viable. It's just a matter of whether or not we want the economy to be completely destroyed before it happens.

[@arex20]

It's like a breath of fresh air. I love Sowell.

[@phocian]

he is smooth!

[@tigershark421]

I'd vote for him!

[@teotwawki1101]

I wish I had listened to this man 8 years ago. I don't know that mitt Romney would have stopped the "progress" of Obama's administration, but maybe it would have been enough to slow the tyranny of the bureaucracy. I fear that votes mean almost nothing in the democracy anymore

[@ryanbothun250]

How do we get everyone to see and understand this great man Thomas Sowell? With the new tax plan, all I see on social media is how terrible lowering taxes is going to be. I feel the need to correct people, but I don't, because I generally try to stay silent on social media so that I don't get into pointless arguments all day. Also, nobody listens anyways...

[@xleax6479]

I don't think Thomas would want to control the economy. And I think his answer would be to let the economy be don't mess with it, cut taxes, cut government spending, cut red tape and watch it grow. In other words, do as little controlling of the economy as possible (also as little interfering as possible).

[@pretorious700]

I'd like to watch this again, but the speech clips from the DNC are too infuriating.

[@panzermarche]

Chief supreme court justice Roberts dropped the ball.

[@stanw909]

My unsolicited advice to the Hoover folks. Cut this up into small clips that can be more easily digested.I was thinking of sending this around to people who need to see it but realized that they will not watch longer than a few minutes.

[@pmanisc]

I love how Dr. Sowell looks very disinterested when Peter is introducing him.

[@Hatchet-Jack]

The problem with fairness is that someone has to decide what's fair. If we had a benevolent, all knowing being controlling the economy, then we could get fairness. Since we have humans controlling the economy, we should strive for freedom.

[@MisterLandofLakes]

my man Thomas Sowell. So brilliant. Very influential. He should have been our first black president but he would never do it

[@DanielJMoore1991]

even though you fix it by not doing anything you can make create less pain if you sequence it properly ... get the debt down a little before you raise interest rates, etc.

[@pmanisc]

Search the internet for Charlie Rose interviews with Thomas Sowell

[@ViciousAnimus]

Slashing like a ninja boss.

[@fognog3]

We need Thomas Sowell as our president :)

[@ajwebster92]

I love Thomas Sowell. Greatest Economist of our time. Such a brilliant man.

[@mansmind_]

15:00

[@kummando64]

I would like to point one thing about this Obama clips in this video. EVERY politician down here in South America talk like this guy: I AM GOING TO SOLVE YOUR PROBLEMS. My american friends, beware...

[@agiftedrighterdotcom]

33:28 Producer screwed up. Hit the S instead of the A.

[@cosmicallyderived]

Ha, I clicked your link earlier and had no idea what you were referring to. But watching the program unfold naturally it stood out so prominently. Haha, Adobe Premiere needs a spell checker. All good and fun :-p

[@amok52]

I love Dr. Sowell but to claim he is one of the most influential economists today... well i just dont think so. Maybe in Conservative America. But here in Europe i can safely claim that very few have ever heard of Dr. Sowell (unfortunately i might add).

[@Onieracraft]

Not necessarily, it's all a matter of analysis.

[@jwpierce07]

I think you've missed his point. He wouldn't want anyone to be "in control" of the economy.

[@aramagoo]

Will Rogers coined the phrase "trickle down".

[@Stanislav013]

As always, pleasure to watch, even if I mostly disagree with Mr. Sowell.

[@mmille10]

The problem I see with the Republicans is they do *not* believe that what's good for the goose is good for the gander. I like that Romney has said that those who succeed should reap the benefits, and those who don't should fail and learn from their mistakes/folly. I have not heard him say anything about how he'll deal with "too big to fail" businesses, though. In fact when given the opportunity to talk about it, he dodged the issue. Bailouts negatively affect the economy as well.

[@gzuckier]

I may be ready to believe that lowering the marginal tax rate from 95% to 70% as Kennedy did will cause those paying that rate to become entrepreneurial. I'm less ready to believe that lowering the marginal tax rate from 39% to 36% as Bush Jr. did will.

[@muckey7800]

Hearing the comments concerning Mitt Romney is interesting. He's been in the news again as of late, but not for anything like this..

[@KeeperOfProphecies]

Politicians everywhere do that; it's not unique to just the Americas [N/S].

[@H1TMANactual]

I think he will say no one needs to be in control of the economy.

[@AndJamTracksForAll2014]

no offense, but his whole point is that no one should be in control of the economy, let the economy take care of itself.

[@dirtypimpbird]

Brain Power!

[@csag5193]

sry americans to say this ... BUT: thx mr robinson / mr sowell to talk sense, not used to this from a lot of americans ;)

[@merryredollie]

i like that thomas is more of a conservative than a libertarian

[@stevemcgee99]

Book cover should be black and yellow, not red.

[@bjjsalzberry13]

Ron Paul cites works by Friedman and Rothbard alot:. End The Fed, Pillars of Prosperity. How is he an anarchist? Because he is a strict constitutionalist? So are you saying the constitution is a document of anarchy? Saying Rothbard makes Friedman look like a socialist is nonsense. I will say out of the three Paul, Friedman, and Rothbard, Rothbard would be the closest anarchist.

[@osityan]

Mr Thomas Sowell, do you think Rick Perry or Romney would have been a better choice?

[@thedelta88]

rick perry has taken to wearing glasses lately. he had a rep for being a moron and not being able to able speak like an adult. someone in his circle told him to wear glasses. see, he's smart now.

[@Luxpulcher]

Not just you...

[@Shooter7point62]

I feel like this continued lowering of taxes sometimes is just a crafty republican campaign....can you keep lowering taxes forever? especially as the dollar inflates?

[@Nokomisclub]

Can we sue Reid for not putting out a budget?

[@dukerwong3900]

We should put the pride behind our beloved country America and the patriotism loyalty and principles of America's foundation and symptoms of the Capitalism system of the freedoms and entrepreneurship and constitutions, not anything else before our country's exceptionalism. Because the most important thing is our own country's principles, loyalty and patriotism of our country's unique foundation of the Capitalism system symptoms of the liberty. Not anything of the ideologies of dividing us between the rich and poor promote the bad nature of the envying or jelous atmosphere, because the Communism ideologies system loves to play this kind of the tricks to devide people for their power of manipulation, then turn the manipulation into the iron fists of the cruelties after they succeded their powers. Our country's own symptoms of the Capitalism system of the liberty and entrepreneurship systems are fully equipped by our own America's constitutions fimly and disallow anything against our own country's foundation. Because this is America, not any other countries where has the opposite ideologies. Yes, we do have freedoms, but not the freedoms that is hammering down our own America's foundation of the Capitalism system of the natures of the liberty and entrepreneurship and constitutions, not our America's own patriotism and principles and loyalty to our America's foundation and prosperity and dignity. This is why I agree Dr Sowell ' s comments on this site and I believe he is very smart and patriotic to our country's foundation and symptoms. This is why when we happenedto see the little trend of the ideologies, we must stop it and pull the wrong track back to America's own foundation track by our own constitutions to protect our country's exceptionalism. Because the tiny cigarette flame can burn up the entire forest, if we are not careful enough. This is why we must respect and obay Our country's constitutions to follow up with our own foundation under our light house of the constitutions. Because the patriotism of America's leadership is extremely important to unite us together for America's forever exceptionalism. When Dr. Sowell talks about the wrong loan policies, I understand that why does he want to a dress this important issue. Because when President Clinton was the President at the time, when sudden new technology of the Internet brought us the sudden economy booming and impacted the dramatic house mousing market soaring. The high house price made people so ,uh money. President Clinton wanted more people to make the quick money through the soaring house market. He asked all of the banks to give the loans to people whithout checking their qualifications for loans. He let banks to sale their loan status to Fredmack and Fennimay. He assumed that the housing market would be soaring for long time. Then the sudden crash of the housing market caused the sharp price drop. People are panic and tried hard to avoid the damages and all tried to dump their loans back to banks. Espacially for those who were not qualified for the loans. The sudden massive loan dumpings caused the real Desasters for banks, even those large and largest banks couldn't avoid the dooms too. They were panic as the loan dumppers too and filed bankruptcy. The banks were acting as ants crawling on the hot pot, however, the rest of the world were still have no ideas that what was really going on. People didn't know that therewas an worst volcano were bubbling beneath the peaceful lake surface. Even President Clinton, President Bush 43 and President Obama had no ideas in the beginning until a few sharpest economists found out later by their experiences with the reserch and results. People then started to realize that President Bush 43 inherited a deserter of the economy which even affected President Obama's Presidency era. This is why often the good heart or good intentions may bring the desaster of the economy by wrong estimations too. This is why I believe the medias must talk by the real facts to avoid the extremely unfair critics to a good inocent President Bush 43 the blames of the bad economy for the fairness. Now the economy is better, I believe if Gov.Bush wins the Presidency, he will make sure our country's foundation, America's spirit of the Capitalism system of the freedoms and entrepreneurship and constitutions is there for our country's prosperity andunite all of us together as one unity of our nation under God. He will against ideologies to stand up by America's interest and foundations by our America's patriotism and loyalty. Because he understands the importance of the unity of our country as well as the American people.

[@Marine475]

There are two oposing sides of Europe. The fiscal side is quite socialist as percentage of GDP and close to what US has while the monetary side is much more conservative. Overall I think it's a more stable system with less boom and bust caused by monetary hyper stimulus programs. Then again there is no one Europe. There is nort, south, east, west and they're all very different.

[@zlklein]

Cara, você tá muito certo em relação a Obama. Sou gringo mas eu morei no Brasil um bom tempo e se o Brasil me ensinou uma coisa, essa coisa era não confia no seu governo. PQP a gente tá começando a seguir o caminho brasileiro enquanto vocês estão tentando dar marcha à ré para a frente! Quem sabe um dia os EUA não tem o seu próprio Mensalão! Que mundo hein?

[@thanksfernuthin]

Four more years of Obama? Constitutional Crisis. He won't just ignore the Constitution here and there like this term. He'll act extra-constitutionally with such jaw dropping force and rapidity that even the politicians R and D in congress will be forced to react. And while that fight goes on there will be riots in the streets. This is our best chance to stop him. Have a nice day. Thomas Sowell is awesome.

[@PrayerisLoveinaction]

That's because you can see right through her...I also get a sick feeling in my stomach whenever she speaks, obama does the same.

[@Aizacc84]

The Great Depression /playlist?list=PLAB09546AAF21A209

[@Willsturd]

Liberals: Think people are too stupid to make their own decisions Libertarians: Believe in people that given the information they will make the right choices on their own. Who is more humanitarian?

[@kaoseast1]

JFK had no power over his office

[@puppetsock]

So, your standard for objectivity is "is it PBS?" Surprise! Your comment got a lot of thumbs-down.