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The idea, you know, that people are rational on the whole
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Thomas Sowell: Common Sense in a Senseless World

The idea, you know, that peopleare rational on the whole and that if you allowthose people...

The idea, you know, that people
are rational on the whole and that if you allow
those people to operate in the marketplace, you will
generally get better results

Full Transcript

00:00:01.000 --> 00:00:04.057
The idea, you know, that people are rational on the whole
00:00:04.057 --> 00:00:06.906
and that if you allow those people to operate
00:00:06.906 --> 00:00:10.276
in the marketplace, you will generally get better results.
Duration
10 seconds
Views
35
Timestamp in Movie
00:23:18
Uploaded
May 10, 2025
Genres
documentary, biography
Production
Free To Choose Enterprise

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Movie Summary

Traces Thomas Sowell's journey from humble beginnings to the Hoover Institution, becoming one of our era's most controversial economists, political philosophers, and prolific authors.
[ Students chattering ] - Thomas Sowell: Common Sense in a Senseless World 00:14
[ Students chattering ]
In fact, he talks more positively about his experience - Thomas Sowell: Common Sense in a Senseless World 00:09
In fact, he talks more positively about his experience
Tom was a Marxist when he took a course - Thomas Sowell: Common Sense in a Senseless World 00:07
Tom was a Marxist when he took a course
But what he appreciated was that - Thomas Sowell: Common Sense in a Senseless World 00:12
But what he appreciated was that
And so at least Tom Sowell said he came out understanding - Thomas Sowell: Common Sense in a Senseless World 00:05
And so at least Tom Sowell said he came out understanding
I was still a Marxist after taking Milton Friedman's course. - Thomas Sowell: Common Sense in a Senseless World 00:05
I was still a Marxist after taking Milton Friedman's co...
But I -- Did you -- - Thomas Sowell: Common Sense in a Senseless World 00:08
But I -- Did you --
I mean, that is... [ Laughs ] - Thomas Sowell: Common Sense in a Senseless World 00:05
I mean, that is... [ Laughs ]
[ music ] - Thomas Sowell: Common Sense in a Senseless World 00:11
[ music ]
At first, I thought, well, this is good - Thomas Sowell: Common Sense in a Senseless World 00:08
At first, I thought, well, this is good
And then as I studied economics, - Thomas Sowell: Common Sense in a Senseless World 00:05
And then as I studied economics,
When I was at the Labor Department, - Thomas Sowell: Common Sense in a Senseless World 00:08
When I was at the Labor Department,
And when I came up with how we might test this, - Thomas Sowell: Common Sense in a Senseless World 00:11
And when I came up with how we might test this,
[ music ] - Thomas Sowell: Common Sense in a Senseless World 00:16
[ music ]
[ music ] - Thomas Sowell: Common Sense in a Senseless World 00:09
[ music ]
He found out that people in the government - Thomas Sowell: Common Sense in a Senseless World 00:05
He found out that people in the government
And that's what shocked him and caused him - Thomas Sowell: Common Sense in a Senseless World 00:05
And that's what shocked him and caused him
So it wasn't academia that caused him - Thomas Sowell: Common Sense in a Senseless World 00:04
So it wasn't academia that caused him
[ music ] - Thomas Sowell: Common Sense in a Senseless World 00:06
[ music ]
[ music ] - Thomas Sowell: Common Sense in a Senseless World 00:08
[ music ]