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Some very interesting points in this excellent extended interview with Walter Williams. One of those points that hadn’t struck me before is that political clout or favouritism is historically no guarantee of economic success. In the context of the decline of the black inner cities after the supposedly positive civil rights act this rang very true. [...]
It’s awesome to see that before the days of the Internet there were people out there who knew their shit and were making things like this. I first encountered Walter Williams when I watched Friedman’s Free to Choose series but I never realised he’d made a full half hour documentary about how government programs (with [...]
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