For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul? ~Matthew 16:26

Wealth, Poverty, and Politics by Thomas Sowell

Posted: 2016-01-07

Published on Dec 8, 2015

Recorded on September 18, 2015
Hoover Institution fellow Thomas Sowell discusses poverty around the world and in the United States. Poverty in America, he says, compared to the rest of the world, is not severe. Many poor people in poverty in the United States have one or two cars, central heating, and cell phones. The real problem for the poor is the destruction of the family, which Sowell argues dramatically increased once welfare policies were introduced in the 1960s.

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