One of my favorite economists to read. He has a very simple way to explain complex issues so that even I am able to understand them. Sowell is a senior fellow at the Hoover Institution at Stanford University. Sowell at one time was extremely liberal in his views, but as he matured and continued to learn, he became perhaps the most conservative voice in economics since Milton Friedman. Sowell points out that trouble in the economy led to the financial collapse, and not the other way around. He is able to put into perspective China’s economic boom, and what it actually means to us versus what we are being told. He even does some discrediting of tariffs, and discusses why monetizing the debt is so destructive. He also discusses many other worthwhile subjects. All in all, this is well worth the 30 minutes to watch, if you can spare them. It will be on the front page probably for about a week, and then it will be part of the archives.
Crossposted at Musings of a Mad Conservative.
Tags: economics