PickVidsThomas Sowell on the Myths of Economic Inequality
Why it was recommended
In Ontario Canada, our outgoing government tried basic income as well. It increased unemployment in the pilot cities. So our new government eliminated basic income quickly because it was the opposite of the general trend of all other cities. The reality is that people don't need money. Money is important but what people need is a purpose and goals. Which a basic income system does not provide. [VIDEO]
Referencesleepysysadmin · Original
What it covers
Thomas Sowell speaks at the Hoover Institution about economic and racial inequality and what he considers myths about poverty. He also recounts his early life and brief. It is for a general viewer who does not plan to take a prerequisite first.
Video details
- Channel
- Hoover Institution
- Length
- 53 min 34 sec
- Year
- 2018