I have to wonder why you stopped posting out videos?? You imply in this comment, some of your content will attract vicarious reactions, but hopefully not nefarious!?
Hi, Odolena! Found your channel through your Thomas Sowell videos - they are great. I am sure you would find the works of Austrian economists / classical-liberals Ludwig von Mises and Murray Rothbard very satisfying. They wrote excellent books on economics, money, liberty and critisized interventionalism and socialism with logical reasoning in a deductive manner. There are books that are more approachable and easier to read for beginners by more modern economists that follow this tradition - like Robert B. Murphy, Thomas E. Woods, Saifedean Ammous.
@@OdolenaKostovaDigitalMarketing I forgot to mention that you can get many of those books as free pdf and epub (as well as you can find podcasts and articles on current events) on the website of the Mises Institute: mises.org/books-library Good luck! It's definitely a whole new world but a good extension if you loved Sowell's thinking...
New subscriber here. Your Thomas Sowell video reviews are awesome. Hope you continue to review his books and others in his sphere and viewpoint. It was insightful to hear your thoughts given your perspective, location, and background. Really cool! Can you do a review on these two books by John Lennox, Professor of Mathematics at Oxford University? 1) 2084: Artificial Intelligence and the Future of Humanity 2) Seven Days That Divide the World: The Beginning According to Genesis and Science
‘Once again, British reluctance to force western habits on non-European cultures…’ was the reasoning behind the government deciding to try ‘encouragement to trade and steam communications as instruments of change.’ Rather than plain repression. (Hazell 2011, 206).
Interesting stuff. What Sowell is saying makes all sorts of (common) sense, and as you say, supported by all sorts of evidence and data. The British Empire was not really a conventional empire (in the main), it was an "empire of trade". For that to exist there must be a (strong?) element of trust, sanctity of contract, and fair dealings between people(s). To what extent this was the case in time and place, is an important subject area. Anecdotally: and beyond slavery in the Americas: "East Africa economies ‘were still held firmly within structures of family lineage and tribute’. Change implies a possible change in this structure… He describes a transaction as involving either a trick, an argument or fraud." (Davidson 1994, 61).
Alright, this is a S U B S C R I B L E from me. I've only watched your Thomas Sowell book reviews as that's what I've read this year. Looking forward to seeing some more of your content Odolena.
Hi Odelena, thanks for the Sowell videos I am really enjoying them. (I posted an earlier comment on this video that I think TH-cam deleted as spam because it contained an Amazon link, which I now realise is a no-no, so I will repost without...) so just to say I had a book suggestion for you to review: Poor Economics by Esther Duflo and Abhijit Banerjee, from 2013. They have a newer book from last year as well. They feel like a good connection to Sowell because they are very data driven, with a focus on poverty relief in their work. Check out Duflo's TED talk for a sample of her approach. thanks again!
The only point that is unequivocally true in your summary is that overpopulation is not a recipe for poverty . However you cannot discuss corruption in African countries and not touch on the external entities and corporations that benefit from the corrupt systems that are prevalent in Africa. Africa is not this poor just because money is stolen but because the stolen money easily finds it way into banks in Europe and the USA. Maybe European countries like Switzerland and Britain should be more proactive and regulate financial institutions in their countries that fence corrupt funds that come from corrupt African leaders. Every year Nigeria, my country keeps finding Billions of dollars stolen and deposited over twenty years ago, the amount of red tape and bureaucracy in the so-called developed countries keeps hampering the return of those funds. Yes, we should hold African leaders responsible but we also have to hold those who benefit from their corruption responsible. On colonialism, you and Sowell picked on subsequent civil wars that occurred as a reason why Colonialism wasn't so bad. Lool. First the economic exploitation perpertrarated by Britain and France in Africa and India is well documented, if you are really about data, it's quite easy for you to find. Second those civil wars that you mentioned in many cases stemmed from weak precedents of nation building. The colonisers drew borders around geographies that were wildly heterogeneous. Most countries in Africa are prison houses of ethnic groups that shouldn't have to decide their future together. When the colonialists were around, those ethnic groups banded together against the white man. When the white man left, they banded against themselves. It has nothing to do with culture. How many European member nations are largely ethnically heterogeneous, the last ones you had (Soviet and Yugoslavia) disintegrated infamously. I want you to imagine an European country today that's part Russian, part German, part Dutch, part Ukrainian, part Bulgarian with fifty other distinct ethnic minorities, then let me know if you think that nation will find it easy to thrive. It's good to read but also balance your reading depth with travelling experiences and actual conversations, you might learn more.
What if African countries lower their taxes, let entrepreneurs thrive, remove growth killing regulations, letting all companies from around the world invest in your country without government bureaucrats getting involved (bigger government, bigger corruption), have a free and fair democracy, not to have China Russia or America play regime change games with your country, remove unnecessary laws, while some humanitarian aid is good, most of it goes to corrupt bureaucrats in the countries receiving the aid and not to the people it was intended for, and shouldn't we be encouraging Africa to start trading amongst themselves with their own companies - to not be reliant on humanitarian aid in the first place - since too much aid kills local business. Africa has so much potential, if Africa did what America did, or Ireland (bringing the type of change mentioned above), wouldn't you think that Africa would mostly have first world living conditions? Sure, many Africans live in very diverse countries, and there are cultural and religious clashes between African countries and their locals, but it doesn't mean that Africa is doomed and there's no hope. Take Mauritius for example, they are known as a tax haven, industries are booming and they've had drastic positive growth for over a decade, Mauritius is very religiously diverse, with Hinduism, Christianity, Islam and Buddhism as the main religions, with Indians, Africans, Chinese and French people living in this developing 3rd world country.
@@heuganian7252 I will try to be as comprehensive as possible to touch lightly but significantly on every point you just made. Regarding taxation in Nigeria where I can speak of, the problem is not so much the amount of tax of rather it is what is been done with the tax, the people or businesses typically dont have issues paying tax if it is relatively easy to see what tax proceeds are achieving in the society. the environment and regulations are business unfriendly in the first place because certain people in positions of authority benefit from it. The ruling class in many African countries are not ignorant of all the economic measures you mentioned but that will only reduce their inluence and power so why would they allow or implement them when the current system favours them. Actually all what you wrote shows how naive you are or willfully ignorant you are, you wrote your reply like there are no political activists or people who want to do the right things in these countries, you say it like the odds are not stacked against the common people in these socieities. Ask youself why developed countries and multinational organizations keep sending aid to corruption ridden countries. If they really wanted to help they should make sure African leaders cannot hide their illgotten wealth in developed nations. If the West can develop a hard border against immigrants, I am sure thay can also develop a hard border against the transfer of corrupt funds form developing countries to developed countries. Dont send them humanitarian aid, but send back the money Afrcan leaders are hiding in your banks. But they wont, the leaders in the west lack both the political and moral will to do that, they will rather send pittance in aid and pat themselves in the back. If Africsn leaders have less options in stashing their corrupt funds in the West, maybe the incentive to steal will reduce. It is also funny how African leaders can willy nilly hide funds in Europe and america but avoid China and Russia, could it be that the West is a reputable haven for stolen funds. Just asking. Mauritius is the oddity of the African continent just like Singapore is the oddity in the Asian continent. Those countries work despite the diversity because they have a national character, limited population and they have found a way to make their unique blend work for them. That does not mean every society with significantly divergent populations can also make it. That is the reason why Ghana is rising faster than Nigeria despite the resource and poplation advantages that Nigeria has.
You advise people to read. Okay, what have You been reading? Which doctrinaire demagogue says that the British oppressed India? If it is "well documented", by whom?
Africans are poor because they never grow up their children forever. So even at 50 years old, they still operate like children. You rarely ever meet any mature Black people. And same thing with Hispanics as well.
I appreciate that not everyone would agree with the views in this video - please comment bellow and share your thoughts!
I have to wonder why you stopped posting out videos?? You imply in this comment, some of your content will attract vicarious reactions, but hopefully not nefarious!?
@@Richard.HistoryLit no, it doesn't have to do anything with the comments. I am actually considering to continue. It's just timing that is tight :)
Hi, Odolena!
Found your channel through your Thomas Sowell videos - they are great.
I am sure you would find the works of Austrian economists / classical-liberals Ludwig von Mises and Murray Rothbard very satisfying.
They wrote excellent books on economics, money, liberty and critisized interventionalism and socialism with logical reasoning in a deductive manner.
There are books that are more approachable and easier to read for beginners by more modern economists that follow this tradition - like Robert B. Murphy, Thomas E. Woods, Saifedean Ammous.
Thanks a lot for the recommendations! I will check these out.
@@OdolenaKostovaDigitalMarketing I forgot to mention that you can get many of those books as free pdf and epub (as well as you can find podcasts and articles on current events) on the website of the Mises Institute: mises.org/books-library
Good luck! It's definitely a whole new world but a good extension if you loved Sowell's thinking...
All good recommendations!!
Excellent video - I always learn something new from your videos, thanks!
Thank you!
You should check out Murray Rothbard.
Fascinating and descriptive reviews!..How I didn't found this channel being an avid reader of books?!..😅 Subscribed.🌻
Welcome! Glad that you enjoy the videos! Share it with friends to spread the word of the channel.
Where are you from? Your accent is so unique.
Bulgaria, thanks!
8:05, duder!
Nice review as always.
New subscriber here. Your Thomas Sowell video reviews are awesome. Hope you continue to review his books and others in his sphere and viewpoint. It was insightful to hear your thoughts given your perspective, location, and background. Really cool! Can you do a review on these two books by John Lennox, Professor of Mathematics at Oxford University? 1) 2084: Artificial Intelligence and the Future of Humanity 2) Seven Days That Divide the World: The Beginning According to Genesis and Science
‘Once again, British reluctance to force western habits on non-European cultures…’ was the reasoning behind the government deciding to try ‘encouragement to trade and steam communications as instruments of change.’ Rather than plain repression. (Hazell 2011, 206).
Interesting stuff. What Sowell is saying makes all sorts of (common) sense, and as you say, supported by all sorts of evidence and data. The British Empire was not really a conventional empire (in the main), it was an "empire of trade". For that to exist there must be a (strong?) element of trust, sanctity of contract, and fair dealings between people(s). To what extent this was the case in time and place, is an important subject area. Anecdotally: and beyond slavery in the Americas: "East Africa economies ‘were still held firmly within structures of family lineage and tribute’. Change implies a possible change in this structure… He describes a transaction as involving either a trick, an argument or fraud." (Davidson 1994, 61).
Hello 👋 again from Cape Town (not so 3rd World 😉)
I love your reviews and your opinions!
Hello there! Thank you!
Alright, this is a S U B S C R I B L E from me.
I've only watched your Thomas Sowell book reviews as that's what I've read this year.
Looking forward to seeing some more of your content Odolena.
Thank you!
I want to marry this woman, conversation would never be boring😉😉
Hi Odelena, thanks for the Sowell videos I am really enjoying them. (I posted an earlier comment on this video that I think TH-cam deleted as spam because it contained an Amazon link, which I now realise is a no-no, so I will repost without...) so just to say I had a book suggestion for you to review: Poor Economics by Esther Duflo and Abhijit Banerjee, from 2013. They have a newer book from last year as well. They feel like a good connection to Sowell because they are very data driven, with a focus on poverty relief in their work. Check out Duflo's TED talk for a sample of her approach. thanks again!
Thanks for the suggestions! I will add them to my list of recommended books.
Tim Marshall not thomas, but I forgive u
you are super smart, have a gorgeous accent, and are a total babe.
The only point that is unequivocally true in your summary is that overpopulation is not a recipe for poverty . However you cannot discuss corruption in African countries and not touch on the external entities and corporations that benefit from the corrupt systems that are prevalent in Africa. Africa is not this poor just because money is stolen but because the stolen money easily finds it way into banks in Europe and the USA. Maybe European countries like Switzerland and Britain should be more proactive and regulate financial institutions in their countries that fence corrupt funds that come from corrupt African leaders. Every year Nigeria, my country keeps finding Billions of dollars stolen and deposited over twenty years ago, the amount of red tape and bureaucracy in the so-called developed countries keeps hampering the return of those funds. Yes, we should hold African leaders responsible but we also have to hold those who benefit from their corruption responsible. On colonialism, you and Sowell picked on subsequent civil wars that occurred as a reason why Colonialism wasn't so bad. Lool. First the economic exploitation perpertrarated by Britain and France in Africa and India is well documented, if you are really about data, it's quite easy for you to find. Second those civil wars that you mentioned in many cases stemmed from weak precedents of nation building. The colonisers drew borders around geographies that were wildly heterogeneous. Most countries in Africa are prison houses of ethnic groups that shouldn't have to decide their future together. When the colonialists were around, those ethnic groups banded together against the white man. When the white man left, they banded against themselves. It has nothing to do with culture. How many European member nations are largely ethnically heterogeneous, the last ones you had (Soviet and Yugoslavia) disintegrated infamously. I want you to imagine an European country today that's part Russian, part German, part Dutch, part Ukrainian, part Bulgarian with fifty other distinct ethnic minorities, then let me know if you think that nation will find it easy to thrive.
It's good to read but also balance your reading depth with travelling experiences and actual conversations, you might learn more.
What if African countries lower their taxes, let entrepreneurs thrive, remove growth killing regulations, letting all companies from around the world invest in your country without government bureaucrats getting involved (bigger government, bigger corruption), have a free and fair democracy, not to have China Russia or America play regime change games with your country, remove unnecessary laws, while some humanitarian aid is good, most of it goes to corrupt bureaucrats in the countries receiving the aid and not to the people it was intended for, and shouldn't we be encouraging Africa to start trading amongst themselves with their own companies - to not be reliant on humanitarian aid in the first place - since too much aid kills local business.
Africa has so much potential, if Africa did what America did, or Ireland (bringing the type of change mentioned above), wouldn't you think that Africa would mostly have first world living conditions?
Sure, many Africans live in very diverse countries, and there are cultural and religious clashes between African countries and their locals, but it doesn't mean that Africa is doomed and there's no hope. Take Mauritius for example, they are known as a tax haven, industries are booming and they've had drastic positive growth for over a decade, Mauritius is very religiously diverse, with Hinduism, Christianity, Islam and Buddhism as the main religions, with Indians, Africans, Chinese and French people living in this developing 3rd world country.
@@heuganian7252 I will try to be as comprehensive as possible to touch lightly but significantly on every point you just made. Regarding taxation in Nigeria where I can speak of, the problem is not so much the amount of tax of rather it is what is been done with the tax, the people or businesses typically dont have issues paying tax if it is relatively easy to see what tax proceeds are achieving in the society. the environment and regulations are business unfriendly in the first place because certain people in positions of authority benefit from it. The ruling class in many African countries are not ignorant of all the economic measures you mentioned but that will only reduce their inluence and power so why would they allow or implement them when the current system favours them. Actually all what you wrote shows how naive you are or willfully ignorant you are, you wrote your reply like there are no political activists or people who want to do the right things in these countries, you say it like the odds are not stacked against the common people in these socieities.
Ask youself why developed countries and multinational organizations keep sending aid to corruption ridden countries. If they really wanted to help they should make sure African leaders cannot hide their illgotten wealth in developed nations. If the West can develop a hard border against immigrants, I am sure thay can also develop a hard border against the transfer of corrupt funds form developing countries to developed countries. Dont send them humanitarian aid, but send back the money Afrcan leaders are hiding in your banks. But they wont, the leaders in the west lack both the political and moral will to do that, they will rather send pittance in aid and pat themselves in the back. If Africsn leaders have less options in stashing their corrupt funds in the West, maybe the incentive to steal will reduce. It is also funny how African leaders can willy nilly hide funds in Europe and america but avoid China and Russia, could it be that the West is a reputable haven for stolen funds. Just asking.
Mauritius is the oddity of the African continent just like Singapore is the oddity in the Asian continent. Those countries work despite the diversity because they have a national character, limited population and they have found a way to make their unique blend work for them. That does not mean every society with significantly divergent populations can also make it. That is the reason why Ghana is rising faster than Nigeria despite the resource and poplation advantages that Nigeria has.
You advise people to read. Okay, what have You been reading? Which doctrinaire demagogue says that the British oppressed India? If it is "well documented", by whom?
Africans are poor because they never grow up their children forever. So even at 50 years old, they still operate like children. You rarely ever meet any mature Black people. And same thing with Hispanics as well.
@@Richard.HistoryLit as a British Indian I believe that the Indian people benefited from the British.