AUSTRIAN ECONOMICS ADDICT

I love when Thomas Sowell writes articles taking the educated elite to the cleaners by challenging  the facts they cite to prove their reality. The first article is titled, Fact-Free Liberals, read here. Here are some excerpts from the article.

“Someone summarized Barack Obama in three words — “educated,” “smart” and “ignorant.” Unfortunately, those same three words would describe all too many of the people who come out of our most prestigious colleges and universities today.”

“……The net results are bright people, with impressive degrees, who have been told for years how brilliant they are, but who are often ignorant of facts that might cause them to question what they have been indoctrinated with in schools and colleges.”

“All too often when liberals cite statistics, they forget the statisticians’ warning that correlation is not causation.”

“But who reads history these days? Moreover, those parts of history that would undermine the vision of the left — which prevails in our education system from elementary school to postgraduate study — are not likely to get much attention.”

After wetting your appetite by tackling issues like women getting paid three-quarters of what men make, income mobility, black applicants for mortgage loans being turned down at twice the rate of white applicants, and other issues , he challenges more Progressive sacred cows in his next article titled, “Fact Free Liberals: Part II”, read here. Here are some excerpts from this article.

“Words seem to carry far more weight than facts among liberal….”

“When words trump facts, you can believe anything. And the liberal groupthink taught in our schools and colleges is the path of least resistance.”

He analyzes rent control laws, and minimum wage laws in this article, and then takes on “the war on poverty, sex education, and the murder rate in this article titled, “Fact-Free Liberals: Part III”, read here. Here are some excerpts from the article.

“The actual signing of the “war on poverty” legislation took place in August 1964, so the 50th anniversary is some months away. But there have already been statements in the media and in politics proclaiming that this vast and costly array of anti-poverty programs “worked”.”

Of course everything “works” by sufficiently low standards, and everything “fails” by sufficiently high standards. The real question is: What did the “war on poverty” set out to do — and how well did it do it, if at all?

“Without some idea of what a person or a program is trying to do, there is no way to know whether what actually happened represented a success or a failure. When the hard facts show that a policy has failed, nothing is easier for its defenders than to make up a new set of criteria, by which it can be said to have succeeded.”

“While the fact-free liberals celebrate the “war on poverty” and other bright ideas of the 1960s, we are trying to cope with yet another “reform” that has made matters worse, ObamaCare.”

Reading Thomas Sowells books is like receiving a vaccine, inoculating you from the lies of politicians, journalists, and the educational establishment, who are unapologetic about pushing their ideology through propaganda.

Other Thomas Sowell Posts You Might Like.

Thomas Sowell’s Vision of the Anointed, at austrianaddict.com. Short video.

Thomas Sowell Used To Be A Marxist? at austrianaddict.com. Short video.

Thomas Sowells Take On The Federal Reserve, at austrianaddict.com. Short video.

Thomas Sowell- “Economic Problems Don’t Have Political Solutions”, at austrianaddict.com. video.

This entry was posted on January 23, 2014 at 1:04 am and is filed under Econ. 101, Government and Politics. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Educated Ignorance, Income Inequality, Income Mobility, Minimum Wage Laws, Sex Education, The War On Poverty, Thomas Sowell