Reading Anthony Bradley's blog has challenged me to take seriously the viewpoints of Thomas Sowell, a highly regarded, and to some, highly controversial African American author. Sowell is unusual in that he is a very conservative public figure in the AA community.
While he is viewed as a conservative republican, he is more of a self described libertarian. Thus far I find his analysis of economics sort of a heavy duty common sense approach -- thus pretty much an accurate subtitle.
As an example of the importance of the subject, however, is his description of how rent controls end up depleting the presence of affordable housing. As prices are kept artificially low those with the most money still benefit most and the quality of the cheapest housing, being in such high demand, no longer compells owners to care for it. Sowell uses specific examples from New York, San Francisco, Sweden, Russia and other places.
As someone who is interested in seeing justice within a given community addressed, and wrestling with the place of both government and Christian ministry here, this is a tough pill to swallow, yet bears marks of common sense so strong that at this stage I can't respond with anything more than. . . ok, that makes sense.
I am already learning a lot from Sowell but I also hope to read Sowell's critics. I hope to be able to consider ways in which injustice, descrimination and uneven playing fields tilt the market in favor of some. I hope to be able to better understand what it means to encourage the market to become healthy in our community. I hope to keep my head above water as I read this!