Quotulatiousness

January 5, 2017

Thomas Sowell

Filed under: Economics, Liberty, USA — Tags: , , , — Nicholas @ 02:00

David Warren on the recently announced retirement of economist Thomas Sowell:

Born in the rural poverty of North Carolina, raised in Harlem, he remained personally acquainted with the fate of his race. A disciplined and unexciteable controversialist, he rose closest to exhibiting passion when discussing, for instance, the destruction of the black family by the Great Society of Lyndon Baines Johnson — how it arrested the social and economic advancement blacks had been making by their own efforts to overcome the monstrous history of slavery. By its “helping hand” the government rewarded unwed motherhood, punished enterprise, and promoted crime. In addition to family, it undermined religion, and finally helped install the abortion mills which disproportionally reduce the black population. And all of this by legislation drumrolled from the start with pseudo-Christian moral posturing.

Sowell could understand this through the economic analysis of moral hazard. Reward people for making irresponsible life choices, for discarding prudence and embracing victimhood and dependency — the result may be predicted. The question whether the policies were the product of invincible stupidity or demonic inspiration is moot: for stupidity is among the devil’s excavating tools. He is a master policy analyst, to whom men are merely statistics to be crunched; and to the stupid man he proposes the job-ready shovel, by which to dig his own grave.

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