The Ignorance of the Left on Price Control | Thomas Sowell

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#thomassowell #socialjustice #affirmativeaction

[@julesrovaris6481]

Tragically, every college student in America knows who George Floyd is, but very few have heard of Dr Sowell.

[@positivelysimful1283]

That is a tragedy indeed.

[@theresagomez2605]

@@julesrovaris6481 Sowell should be a required part of HS curriculum. Kids need to hear this wisdom BEFORE they reach voting age.

[@markbettencourt9709]

@@julesrovaris6481 Actually, FEW students know who he is. MOST students think he was a great guy just wandering around minding his own business.

[@TheDking5]

And that a good thing they know less about Sowell. How can anyone take that person seriously.

[@IslandRN1970]

He is brilliant

[@TonyGalactic]

Thomas Sowell should have been the first black President. He is an intelligent, honest man.

[@deanford1795]

That would be awesome but the powers that be wouldn't allow that their ignorance would be exposed

[@flyballhdeg9775]

He's too intelligent to be a politician. 😂😂

[@TimHall-y8s]

to smart to wnt thejob

[@vothaison]

He's helped so many more people by being an educator.

[@wallyreyes8876]

It should have been Alan Keyes,but America is too atheistic. Basically a nation of atheist fools.

[@resynthesizer4565]

They are not ignorant. It's intentional.

[@user-dc6ut5uu3t]

Never underestimate their stupidity.

[@TheeOne4.44]

On top of being Ignorant

[@deanford1795]

Correct 💯

[@petebehm5463]

i think its strictly about getting power and control by pandering to those who don't understand. the real problem is those that vote them into power.

[@JackCarsonite]

See how old and grainy this video is? The knowledge has been out there. Don't give them a once of wiggle room to claim ignorance. At this point, it's a farce of the Left.

[@ps603]

How about the Government stop Gouging the taxpayers.

[@ThreeWheelFlyer]

That, and actually use the tax money for its intended purposes, instead of shoving 90% of that money in their own pockets.

[@1wun1]

@@ThreeWheelFlyer How about the taxpayers stop tolerating the wastage?

[@chrisperry9002]

@@1wun1 then you will go to jail.

[@1wun1]

@@chrisperry9002 Exactly, a simple definition of a dictatorship.

[@pattimaeda6097]

@@ps603 you mean “gauging” like Kamala said 🙄

[@randomcertainty2079]

It's not about massive 'Price Control', it's a mass of people they want to control.

[@ConnieKeen-zp5fk]

Well said.

[@DeonPretorius-f9g]

No, it is about getting those they see as privileged to pay for the politicians and oligarkys mistakes. It will not work. They are trying to lift a bucket of the ground while standing with both feet inside it.

[@someguy4489]

I think that they actually think they are doing good. They just dont care to consider the consequences of their policies or any logic opposing their policies. Because they are good, so anything that proves them wrong is bad.

[@someguy4489]

I think they actually think they are doing good. They just don't care about the consequences or any logic against their polices. Because they are doing good, so anything that proves them wrong is bad.

[@levi5459]

@somehuy4489 The devil himself feels justified and thinks he is right

[@stevebritt339]

His work should be taught in our schools, especially in colleges.

[@ronaldanderson6481]

If the government would control spending, there would be no need to control prices

[@DeonPretorius-f9g]

That would shoot a hole in their whole debt based slavery system.

[@peartfaldo]

BINGO. Its their fault. Always has been always will be. Cant see how some dont see it.

[@donkeypunchbandit]

@@peartfaldo Because they're taught not to, through curricula applied by the Education Department.

[@trishasabrina7278]

@@ronaldanderson6481 so true, if they didn’t print money in the first place there wouldn’t be inflation, and hence no price control, and hence no shortages of goods.

[@andrewvirtue5048]

If the government would control _who's_ spending? The People's? That's the great thing about the US! I have the right to spend my money with personal discretion! Unfortunately, jack across the street can spend his money with personal discretion.

[@jdestefa1]

I would like to see Mr Sowell on Trump's White House economic advisors instead of listening to the 400 PhDs on the Federal Reserve staff.

[@user-dc6ut5uu3t]

He's NINETY-FOUR years old! Let this man rest!

[@Zak6959]

@@user-dc6ut5uu3t wow

[@Vallin223]

​@user-dc6ut5uu3t at 94, he could still do a better job than the entire federal reserve even if he just did it part-time!

[@kevinphillips150]

I doubt Dr. Powell would want to be a part of President Trump's staff.

[@wilburt57]

@@kevinphillips150 might want to check your confidence. He’d much rather advise Trump than anyone else on the other side

[@ManzaMvsa]

Thomas Sowell taught me that in order to do politics. You have to be knowledgeable about so much more than just publicspeaking.

[@Mrskateboardboy]

Canada's PM took drama. That sort of proves your point. Harper, his predecessor, was an economist and he brought the debt/GDP ratio down to a level not seen for 50 years.

[@TheFitnessTutor]

@@ManzaMvsa supply and demand runs the human psyche and the human condition. If you understand how this is so the more we can understand about almost everything.

[@wiggly103]

@@Mrskateboardboy And yet Harper did not win re-election and Trudeau has been in continuous power for years. Canadians prefer ‘liberalism’ to economic prosperity.

[@anglophils645]

@@ManzaMvsa Well, we WISH politicians knew more. Unfortunately, many do not.

[@nocancelcultureaccepted9316]

You guys should watch the videos from John Stosel on Kamala doing public speaking

[@gqazndood]

Thomas Sowell is the reason I believe we still need leaders that are mentors. Who will pass on his knowledge when he’s gone?

[@DF-do8sw]

do you know what a book is

[@Grizzlox]

Larry Elder is a proponent of Sowellian economics.

[@zenvultra]

@@DF-do8swDo you know that books can’t run for office

[@DutchManticore]

Thomas Sowell got me into intellectualism. Found a video of him as a prepubescent and was directly hooked on his eloquent way of being able to rebuke feelings with facts.

[@RealNiceCat777]

The more time passes the more applicable these lecturers of Sowells are

[@brianjacob8728]

lmao you are getting played

[@GarethDavies-b8p]

@@brianjacob8728 why? Genuine question

[@lik7953]

@@brianjacob8728 getting played for knowing simple economics?

[@brianjacob8728]

@@lik7953 you're pretty brainwashed.

[@tc4302]

​@@brianjacob8728troll 🤡

[@jimandnena4]

Truth and facts never change. Memory, however, fades with time and shysters (politicians) take advantage of that.

[@dareese6778]

Can't get more shyster than Trump, constant lying that folks keep trying to make excuses for.

[@flamethedarktruesalt9347]

These polices will NOT affect those implementing them. The resulting food shortages will directly affect the rest of us - the working taxpayers.

[@WealthConquering]

The mistake is thinking they’re ignorant. They know exactly what will happen, it’s what they want.

[@sasharemez7459]

They are Marxists. Everything they been doing matches up to that ideology

[@Cool2023FtwNoice]

AGREE Bad actors Indeed 😵‍💫😓👎

[@cjshessed]

They keep making the same mistake so your old materials are not old at all.

[@TrevorHamberger]

Mistakes? It's on purpose

[@joshuaa262]

​@@TrevorHamberger💯

[@michaelmurphy6869]

@@TrevorHamberger You are absolutely right. It's all by design.

[@TrevorHamberger]

@@michaelmurphy6869 the only other explanation is that God is working through these people to make the bad decisions in order to repay Americans for their sins against humanity

[@pittbullking87]

Price controls have never worked yet Kamaltoe trots out these failed policies yet again.

[@peartfaldo]

gee. wonder why

[@titolovely8237]

yes most democrats are even against price controls generally unless there's extenuating circumstances (natural disasters or wars). they dont work and we all know they dont work. the experiment's been run and the results are in.

[@Trump2024asw]

Kamaltoe my God sir you fucking genius I'm using that one thing of beauty it is.

[@genericscout5408]

Price control works, Price caps don't long term. But a pricing floor has worked for a century or so.

[@peartfaldo]

@@genericscout5408 if they would drop their retard energy policy...everything would drop on its own. kinda like from 2017--2020.

[@tylershannon6593]

Thomas, you are my hero. I hope I can raise my children to be as honorable and intelligent as you!

[@otpyrcralphpierre1742]

If you think prices are bad now, just wait until they are "controlled".

[@dncarac]

No no. Prices will be low, but there will be nothing to buy. Carter found out all about that with gasoline price controls.

[@tq6bw]

There will be food shortages, if they try to control prices.

[@dncarac]

@@tq6bw Truman, Nixon, and Carter all found that out.

[@tml721]

the price of a gallon of gas has a tax of.9 cents. That was a "Temporary tax" put in place in the 1950's!!!

[@stevenjohannesson316]

Like an immortal vampire, once passed a tax, like a law, never goes away.

[@peekaboo1575]

The income tax was meant to be temporary as well. It was introduced in Britain during the Napoleonic wars, and was said to be discarded as soon as the war was over...

[@Musicdudeyoutub]

The cost to maintain our sprawling roadways is astronomical. Some people think money grows on trees

[@sebastianlucas704]

​@@MusicdudeyoutubThe government spends 154 billion on roads every year. The rake in well over 4 trillion a year.

[@tml721]

@@Musicdudeyoutub YEA! they're called politicians. They waste enough money by pork spending over lap there could be cuts by a trillion dollars at least there 'd still be enough tax cuts for everyone

[@russweaver3708]

I graduated high school with a average GPA, and I know and understand more than Harris does. Is this the best the democrats have as a choice for president? If it is, god help us all!

[@user-eh5cr4or6k]

If you go back and follow her history you will find that she was installed for a reason, she followed through with her installation mandate, she was subsequently rewarded with the vice presidency. If you look at some of the recent videos of her before the whole shake-up you will notice that she has obviously attended and graduated from the P*l*si brunch drinking School.

[@anthonyiannozzi6777]

She the best donors can buy.

[@suzieaguilar397]

@@russweaver3708 Do you know where K-mela was born, only curious?

[@dareese6778]

Studies of IQs put Trump mid to lower average. He's just good at conning folks like u.

[@cjvan713]

I can understand the crowd of stupid and ignorant people cheering, but to have a so-called leader proposed such a thing is horrifying.

[@peartfaldo]

They want the govt involved in EVERYTHING!!!! Its why that prick Obama is still around.

[@stevenjohannesson316]

As many will say, yeah that sounds good. Then when everything falls apart, a solution to the problem will be given, one no one will like.

[@GeorgeJefferson-h7w]

Nobody understands even the most basic concepts of economics. My high school didn't teach it but as a business major I studied it. So unless you take the college courses, you're pretty much as ignorant as the rest. Politicians know this and that's why they say what they think people want to hear. Even when it's obviously very stupid.

[@aeromtb2468]

she is not a leader

[@cjvan713]

@@aeromtb2468 agreed. I speak more about the position and not the person.

[@kara4827]

Mr. Sowell, You have more intelligence in your little pinky toe than the entire Democrat party in office has‼️🇺🇸🇺🇸🇺🇸

[@theresagomez2605]

No competition.

[@teetwo56]

@@kara4827 not just the Democrats- many Republicans also are woefully ignorant of market forces.

[@pantarkan7]

The part about rent controls never being rolled back is no surprise. Every few election cycles, Ca would have a "temporary" tax increase on the ballot. Californians are still waiting for the first one to be rescinded. Government simply hates letting go of two things: power and money.

[@JoeSchmo-u1d]

I stopped waiting, and then I stopped giving Commiefornia ANY of my money. I can put it to better use than those Bozo's in Sacramento.

[@dareese6778]

& paid off expressways.

[@davidflors1448]

He makes Economy 101 understandable to 5 year olds

[@dareese6778]

So, Sir 5yr old, u know that inflation & economy are not the same.

[@justinspireme2019]

I’ve learned so much from Mr. Sowell! I pray my son grows up to be as intelligent and hardworking as him. He’s a true American success story.

[@tedbundywastheultimatechad8400]

High hopes.

[@joecummings1260]

Auto insurance prices went way up when auto insurance became mandatory in the mid 1970's. At the time they told us that the legislation making it mandatory would lower rates

[@michaelmurphy6869]

Just like Obummer Care.

[@sneakthieve]

Who would’ve thought increased demand would increase price?

[@2okaycola]

@@joecummings1260 wow. Thanks for sharing this anecdote

[@smokinhalf]

If you force the grocery store to sell T-Bones at $5 a pound.. well the grocery store just stops selling T-Bones

[@prettyboyjeremy]

@smokinhalf Yes, sir Then unregulated "J" Bones will start putting up or I bones steaks

[@tonyfriendly4409]

@@smokinhalf I was buying T-bone steaks for $2.99/lb back in 2019, it was glorious, we ate a lot of steak that year.

[@rectorkirk1158]

Only until the forgien owned processor lowerd the prices. Buy local. Its cheaper. And better quality. 😮

[@SeanSandberg-j3q]

Thomas Sowell-your well thought out and wisdom conveyed to us all by your concise, precise words is completely satiating.

[@FuzzyWuzzy75]

The real issue here is education. Our "education system" has done everything in it's power to mass produce ignorance and the byproduct of that is a low information voting class. I am 49 years old. I recall being taught basic economics ever so briefly in a 7th grade civics class as a kid. Admittedly I thought it was boring as Hell at the time and could barely stay awake in that 3rd period civics class. At that stage in life I wasn't far removed from believing in Santa Clause and thinking that there was nothing more mind numbingly boring than the kinds of conversation that adults (like my father) routinely engaged in. In summation, I learned very little about civics or economics from that class, and I don't recall learning too much about civics or economics during my school years beyond what was taught in that class. I really didn't start to learn much about economics until I was well into my 30s and long out of school. By then, the kinds of topics of conversation that interested me had changed dramatically from the kinds of topics that would have interested me when I was in 7th grade. I guess I just became one of those boring adults that I never wanted to become as a kid. People have been conditioned to believe that economics are complicated. People have been lead to believe you have to be some kind of Thomas Sowell level intellect to really understand economics. So most people just shrug it off and assume they are not smart enough to grasp economics. First off, if the kind of an economic system we have is so complex that you have to be a Thomas Sowell level intellectual to understand, that should be our first red flag. Anyone who has mastered basic mathematics and has a modicum of common sense should be able to grasp economics. The ruling class and the elites get away with what they get away with because most people don't understand economics and just assume they aren't capable of grasping economics. If the voting class predominantly understood economics, they wouldn't tolerate a complicated economic structure and would vote accordingly. The elites and the ruling class could not get away with a fraction of what they do get away with. Sure, price controls may sound great, and it may sound like a way of balancing the scales for those who are less fortunate for anyone who is a low information type of voter. The public education system and academia as a whole are in bed with the elites and the ruling class who rely on the education system and a mainstream media structure that produces ignorance. It makes it so much easier for them to pull the wool over the eyes of the people and get away with what they get away with.

[@noneyabeeswax3200]

The dumbing down of a nation to control the population is what we have seen

[@Musicdudeyoutub]

All of that just to say "I'm very smart. I understand economics. Most other people do not." Get over yourself

[@FuzzyWuzzy75]

@Musicdudeyoutub If that is what you took from what I said, I advise you to consider taking some reading comprehension courses. They may serve you well in the future and help to keep you from saying stupid things.

[@Musicdudeyoutub]

@@FuzzyWuzzy75 Looked at how much time you spent writing a meaningless inconsequential comment on a KZbin video. You're 49 dude

[@FuzzyWuzzy75]

@Musicdudeyoutub LOL, and you obviously took the time to read my meaningless post. What does that say about you and the amount of free time you have on your hands? It really begs the question: if what I said was so meaningless, then why did you take the time to respond? My guess is that not only do you have way to much spare time on your hands, but you are also quite insecure. Do you not think that you are intelligent enough to be able to take and pass an Economics 101 class? Your comments would suggest that is exactly what you are implying.

[@WWPlaysHoldem]

In the late 70’s oil shortage I owned an Independent gas station. Gov’t set price of gas 6.5 cents over cost and mandated I get 90% of previous years volume, for full service. My supplier sold me gas for $1.01 and my pump price was $1.07.5. My nearest competitor a major brand pump price was $.989. I sold no gas for 1st 3 weeks each month and then I would have 50 cars lined up to buy my gas. I was accused of price gouging by many buyers who would say that gas was only 98.9 at my competitor’s station. I would say, why aren’t you buying it there today? There answer was always the same, they don’t have any gas. My standard answer was, when I don’t have any gas to sell my price is 79.9.

[@michaelmurphy6869]

I remember those days. Carter had put price controls on fuel. I was working at late brother-in-law service station at the time. Also remember him telling me that he could only make a max of 16 cents a gallon (full serve, self serve was 6 cents a gallon profit). One day a lady from the DOE showed up to check his pricing (she was in town checking every stations pricing) and found that him was making the highest margin allowed by law, (with the current price cost) if his price was 1 cent more he looked at possibly $1000's in fines. When Reagan was elected he cut out the price controls and actually the prices when down.

[@freegeorgia4808]

And the Biden regieme things gas station owners make a fortune off of gas. Even today they loose tens of thousands if a price goes down when they bought high.

[@freegeorgia4808]

​@michaelmurphy6869 exactly. Inflation went down too. The soviets collapsed because of him also

[@darylhoskins919]

Where I live in Winnipeg Canada we have a zoo that was free for all. Attendance was always low and zoo improvements were scarce. The city started charging admissions and funny thing attendance soared, the zoo adds great improvements due to the revenues generated thus increasing attendance. Funny how that works.

[@2okaycola]

Everyone is skeptical of free things. You get what you pay for & if you buy nice you don’t buy twice

[@dareese6778]

Same with stores. An item doesn't move, raise the price & it flies out the door.

[@elizabethpirtle7022]

I hope Trump considers Sowell as an advisor.

[@vshah1010]

Trump will have his Project 2025 advisors, and that will include economic advisors.

[@TimothySielbeck]

Mr. Sowell, being in his 90s, would most likely politely decline that offer.

[@Lucia-sy7le]

There are so many good conservative voices to be heard.🙏

[@prettyboyjeremy]

​@TimothySielbeck If anything, I think he should just kindly ask for his notes and use that as a foundation for economics

[@TimothySielbeck]

@@prettyboyjeremy Agreed.

[@dixonpinfold2582]

The VP grew up in Canada between 5th grade and her freshman year at college, so she has experience from her formative years of such things as extensive government ownership of industry and, notably, wage & price controls (1975-78). All her social and political ideas and policies bear a strong imprint from those years, all of them during the prime ministership of Pierre Trudeau when Canada was actually much more left-wing than it is now, economically at least. Yet he was considered a center-left moderate, and in truth he was - compared to her. Canadians will understand when I say she would be America's first NDP president. (It's Canada's leftmost national party.) She promises to introduce price controls, probably thinking of them as within the bounds of normality due to that experience. But they failed in Canada, taking barely 1% off inflation over three years (!) but shaving 2.5% off wages. Living standards fell. Although Trudeau finally ended the controls, angry voters soon afterwards threw him out of office. But I bet she sees that as totally beside the point, since leftists and no-limits liberals never care whether left policies work or not. To them success resides in imposing them, not in producing positive results. It's interesting to note that she and the appalling Justin Trudeau, whom I call Prime Minister Peter Pan, grew up in adjacent wealthy neighborhoods in Montreal (Westmount and the Golden Square Mile). They didn't know each other, but are political soulmates to this day and probably forever. Everybody talks about her various identities as American, African-American, Indian and Jamaican, but in my opinion she's an absolutely standard, mass-made old Canadian lefty.

[@toddrf]

Very well said.

[@dadtablet2092]

Only price control we want to hear about is DO NOT SEND ONE MORE DIME TO UKRAINE. Don't even send the lint from inside your pocket.

[@Marshallgill]

Oh, they aren't even bothering sending anything to Ukraine anymore. It simply goes straight into the pockets of democrat politicians. It sure is strange how the useful idiot doesn't mind being screwed in the name of "freedom" for a very, very corrupt government.

[@user-eh5cr4or6k]

You might want to pay attention to what little videos coming out of there in watching the videos I don't know how anyone can assume that money made it to Ukr*ine?

[@scottmichael3745]

You're BOTH correct! It's a money laundering scheme, and everybody knows it. But since democrats NEVER have to obey the law, they don't care because it's making them rich.

[@thomasespositio3139]

nor ANY money to any other country period,America isn't in good shape, lets fix our own shit and reel in extensive government spending that doesn't benefit Americans, government is way too bloated,way too inefficient and way to meddlesome to our freedoms

[@dareese6778]

No $: their oligarchs pocket most of it. Products are a bit better, tho those pocket guys sell some of it. But if Putin wins, China will join & Europe will have more problems. If he loses, China will back off to invade another day.

[@michelestone3194]

The government is getting into the used car business too

[@ConnieKeen-zp5fk]

Hahaha.

[@cobrajeff96]

Been in it. Cash for Clunkers, 2009.

[@peartfaldo]

@@cobrajeff96 who started that again????

[@cobrajeff96]

@@peartfaldo Obummer and co.

[@kyrielarenta7373]

When I heard about her idea of price controls I thought of Mr. Sowell’s Basic Economics book

[@MarkSmith-js2pu]

@@kyrielarenta7373 I have book. I wish it was my college textbook, it really opened my eyes.

[@artbybigvee]

Kamala?

[@dareese6778]

Well, if she wins, send'r the book & yell, "Read!".

[@tylergillmani5567]

Someone send this to comrade Kamala

[@deannabow2266]

She can’t make any decision. Send it to Obozo.

[@dareese6778]

How 'bout comrade P2025? U want a Trump type ego bathing in that?

[@raptango_na6199]

When you're only appeal to voters is how much money you will spend on them, it becomes very difficult to be fiscally responsible.

[@dareese6778]

How many girls grow up with that mindset? So many capitalistic parents.

[@mathewcarpenter-d8g]

You can never close Pandoras box. Government wont undue bad laws everything just goes downhill until society resets itself.

[@PastorOfMuppets74]

The brilliant mind of this man is a gift from above. My only regret in issues like this is not discovering Sowell until about 15 years or so. I'm sorry the country didn't have him as a compass in social and economic development in a more effective manner. The world might just be a little bit better

[@peteroreilly8060]

The greatest economist in the world today.

[@zarkruzam3090]

It's so unfortunate that our government isn't comprised of intelligent people like Dr. Sowell

[@stephenbrecht1696]

Maybe that's why they chose politics?

[@sstritmatter2158]

He should receive the Medal of Freedom.

[@carljefts215]

A true intellectual and his knowledge should be shared everywhere

[@melissahouse3488]

Thomas Sowell, you are the most underrated voices of Truth & Reason and a gem kept hidden by a controlled academia & liberal establishment. I'm Blessed to learn from your insightful teaching and honest encouragement. 📖🤓💯🇺🇸🙏🏻🕊️📚 Life's a journey of learning, discovery & evolving, growth & change, we must embrace what is good & healthy and reject what is harmful to our society and have the wise ability to know the distinction. What ever happened to the old saying, "Think for Yourself", that's not what is being pursued in children & young adults anymore and we see the results of foolish brain wash & dangerous rhetoric. Economics, sociology, personal finance, there are many courses that should be an automatic requirement along with teaching basic skills for life self suffiency. Thomas Sowell you are a hero for a strong American voice for sense & rationale, and you're a deep thinker, well researched. I enjoy listening to your common sense & wisdom. ❤️🇺🇸❤️🙏🏻🕊️📖🤓👍🏻📚🇺🇸❤️

[@dareese6778]

Brain wash: programming begins the moment we're slapped on the fanny. Continent, family, etc. usually instill religions & patriotism. Ice cream can cross those barriers.

[@JohnnyJenkins]

God bless Thomas Sowell

[@edinburghcustomhomes635]

Sowell is a national treasure!!

[@Maria-qn6fe]

Thank you Mr Sowell

[@troy3456789]

Freedom to fail comes with freedom to succeed. That's the scary part. So, to prevent freedom to fail, you must prevent freedom to succeed by punishing it.

[@sseltrek1a2b]

"the Man....the Legend..."...the world will miss this man when he's gone...he's smart, knows what he's talking about, and offers everything with wisdom, dignity, and humility...

[@alanolson6913]

Wouldn’t you find it interesting to sit down over coffee with this man? What a conversation!

[@dareese6778]

Doubt my widdle bwain could keep up.

[@AAA-o4g]

Government’s first duty is to protect the people, not run their lives. Ronald Reagan

[@dareese6778]

He was one of the worst things to happen to this country, giving the 1% the open door to buy more of the government. Then Bush. Then Trump. Looming is P2025.

[@heresmytake2782]

This mans teachings are invaluable to any and all Americans and should be enshrined like the constitution.

[@missesraisin]

Very in-line with the GOP. Smart man.

[@RADIUMGLASS]

Milton Friedman has a film from 1979 that shows what rent control did in Solwell's neighborhood.

[@barryon8706]

In the USSR, prices were reasonable but shelves were empty. Black markets thrived, though.

[@peartfaldo]

But....the leaders shelves are full. Only thing that matters to them

[@stevenjohannesson316]

Truth! In that system, the leaders thrive and everyone else suffers.

[@peartfaldo]

@@stevenjohannesson316 The Lib system.

[@kevinhullinger8743]

Harris is ignorant!

[@jazzsounds8159]

No, she's ignorant she's just taking marching orders from Obama.

[@orvillegrant3304]

Who is more ignorant than Trump. Trump is only driven by ego

[@kevinhullinger8743]

@@orvillegrant3304 trump is driven by success, intelligence and what’s best for the United States. If Trump was all about his ego he would retire and not have to deal with the lefts negativity and persecution towards him. A little bit a critical thinking goes a long way.

[@MarkSmith-js2pu]

@@kevinhullinger8743here here

[@MarkSmith-js2pu]

@@orvillegrant3304your side has had the White House for 12 out of the last 16 yrs. They all sucked except for Trumps’ four. Despite all the bs lies you know about by now but refuse to admit.

[@kevinward3305]

Mr Sowell is such a brilliant man I have so much respect for him

[@lizzaelvillarcruz2282]

It is not "ignorance", they know what they are doing and what they want to achieve with it. It is by design!.

[@stevedriscoll2539]

Sowell is one of the smartest guys on the planet, IMO. This video covers a subject from which derives the observation: whenever Gov't tries to fix a thing, they break 50 other things/systems in the process.

[@imnotanalien7839]

🎯🎯🎯🎯. Humans, they know better, they just don’t do better. 🤓

[@worganfreeman2694]

@4:05 "Berlin had recovered from the bombs, but the Bronx had not recovered from rent control" HAHAHAHAHA

[@markdixon3915]

How about just controlling Government Spending first??

[@dareese6778]

Yes.

[@packrat76]

Her stupidity is staggering. All you have to do is open a history book to see price fixing DOESN'T WORK. 🤦‍♂️🤦‍♂️

[@JZ-tg1cm]

It is an unfortunate reality that Kamala Harris would not understand any of the points made in this video. It would all go right over her head.

[@chrisperry9002]

Kumala caused the problem and chose not to fix it. Now she wants to say she is going to fix it. But it was caused by others. Don't elect an idiot people.😮

[@CharlesGann1]

Thank you for providing This wise man's insightsinto and wisdom on this subject.

[@proudpatriot8946]

Words of wisdom.....Thomas Sowell

[@harrymills2770]

"You can't just wave a magic wand and fix the economy." - Barack Obama "Yes, you can!" - Kamala Harris

[@jasonsccheung3831]

Wait for the TV debate, she'll be trounced.

[@tc4302]

She's also going to fix the boarder. 🤡

[@lamper2]

ACTUAL QUOTE WAS: Does Mr Trump have a magic wand? YES, TURNED OUT HE DID, PROJECT WARP SPEED!

[@peartfaldo]

They ruined it.

[@chrissmith6147]

Wonder why she didn't used it for 3 and a half years? Now she thinks she needs 4 more years to implement these changes? Vote Trump.

[@dandrake337]

I fear it’s not ignorance, but malice.

[@CapitalistSpy]

@@dandrake337 they know what they do and the benefit of economically illiterate people too

[@dareese6778]

Malice how? Both parties make such absurd allegations. Neither want to destroy America, just have dif ideas how to run it.

[@shAnn0n1]

These speeches are SO relevant today, especially now that Harris has said she's going to use price controls to "bring down" inflation.

[@dareese6778]

Economy is not inflation, which is caused by corporate gauging. How would u handle it?

[@cathywilson5580]

How did they not notice? Wow they have to live with themselves for not being supportive of your coworkers! Insane

[@catherineladd5300]

I was shocked in the 1980's when Allstate Auto Insurance pulled out of NY; they simply sent me a notice saying they were no longer covering policies from NY, and that I had to find another company. Now I realize why.

[@nopeno6514]

It's tough to find an issue which Kamala is not ignorant on

[@gh00stbeard]

It's not ignorance. It's intentional.

[@jeffreywp]

Dr. Sowell should come to NJ! I think our crazy drivers could match those in MA. 😂

[@bernardthefourth]

Price controls are basically an admission that they have no idea how any of this works. At this point with all of our debt and liabilities the government won't be able to control inflation soon.

[@dareese6778]

Check out what Trump ACTUALLY did when in office. Try not to twist the info like he does.

[@bernardthefourth]

​@@dareese6778 Yah he spent a fuck ton of money. I'm going to vote Libertarian.

[@Munce72]

Great work Dr. Sowell! Scooby snacks for you. Praying for the USA and the entire World. My allegiance is to Liberty, and the Repubic.

[@jodil4346]

Such a brilliant man!

[@CrabsHigh]

It’s not ignorance it’s deliberate.

[@JustMe-qq3rc]

He is such a worthy opponent in today's fight!

[@joecachey4427]

The Texas AG has enforced price controls for the benefit of Texas consumers. Price controls are not liberal.

[@DrProgNerd]

Price Control: First order thinking - mandated by law - enforce by threat of State-approved violence.

[@daddyw1719]

This man was too honest to ever be a leader. Sad to say...

[@shadowdancertheredmage6798]

The true takeaway? GOVERNMENTS STOP TOUCHING STUFF!

[@williamwenrich3288]

A few years ago, a police officer in Albuquerque was responding to to an emergency (a man who threatening people with a machete) using lights and sirens. A woman turned left in front of him and her child was killed in the accident. The police officer was punished and prosecuted.

[@donnafoster5215]

So sad, the police officer was doing his duty. The woman who pulled in front was at fault.

[@ManzaMvsa]

@@williamwenrich3288 it is unbelievable

[@daleolson3506]

It’s too bad and wonder why the police don’t do anything

[@Cantbuyathrilll]

Mr. Thomas Sowell's voice gives Morgan Freeman's a run for its money.

[@davianoinglesias5030]

Price controls are bad when there is a free market but when the market is monopolistic or oligopolistic then there is need to regulate prices. That's where we are now.

[@phillipfarmer5237]

Sowell was one of milton freidman students

[@jimhughes1070]

And he was still a Marxist after he graduated his class😂🤣... The facts just kept nipping at his heels 💪... The wise continue seeking truth until it's lapse them in the face 👏👏👏

[@SouLoveReal]

ONLY until the 1970s, then/when he realized he was learning the wrong things.

[@jimhughes1070]

@@SouLoveReal I'm assuming you're speaking about when he decided that Marxism was foolish... (My apologies... I'm just checking cuz I can't hear your voice 😂)

[@wilburt57]

Sowell: Never say the federal government hasn’t ever done a thing. Working for the federal government convinced Sowell that the federal government was never going to solve anything.

[@jimhughes1070]

@@wilburt57 Well done!! 😎👏

[@Al_capachino]

And Massachusetts hasn’t changed

[@AlWagner-ju7iv]

This guy should run for president, except he’s probably to decent of a person to get a fair chance.

[@JamesWhittaker-jz1tg]

Price Control will make manufacturers provide goods and services at sub-marginal level. The food will make us sick and the goods will break just picking it up

[@ujjayisoundsystem]

There are also tax loopholes for the mega rich and penalties for the poor. What do you do when the 1% on the same amount as money as the 99%? These are real questions.

[@johnmcleod8961]

I'm 65 yo...I remember price controls, viz., price ceilings/price floors, back during Nixons admin...it did nothing but aggravate the already existing problem...govt just needs to get out of the way...debt is monetized in this country...govt borrows and spends too much, creating too many dollars out of thin air...thence, inflation.

[@MurraySwe]

Oh, if only Thomas Sowell's wisdom would become a part of the school curriculum. I know a lot of dark forces would never allow that to happen, but a man can dream.

[@2okaycola]

Call schools & suggest books for their curriculum. That’s what the left did so why can’t we?

[@MoneyandLifeTV]

How about Tax and spending control from the government!

[@robbiegowhere7071]

If the economy is doing great, there would not be a “need” for price controls…

[@lilmcgd]

@@robbiegowhere7071 🏆

[@johnnynick6179]

In a time when the economy is doing poorly it is especially important NOT to allow government to have ANY controls over the economy.

[@danix30001]

Milei's Argentina is a great example on price controls. Getting rid of price controls in rent has increased supply and decreased average price. Amazing how in this case letting the market run freely improves lives.

[@Thisisnolongerajoke]

Australia is price controled in every aspect.