Loury is not very well known in the UK, it is his podcast that has raised his profile here. Whatever Loury has done in the past, he's found his niche as an excellent communicator and host. I'm not interested in discussing Loury's morals or indiscretions, but to move the discussion on I'd like to make the observation that Loury is often introduced as an economist. He says he’s conservative and pro-capitalist. But like his hero Thomas Sowell this doesn't amount to much. Neither has much to say about why capitalism fails or how capitalism works or how capitalism can be revived. Their's is more a critique of the Left than an advocacy of the RIght. It used to be said that the Left won the culture war but the Right won the economic war. But the Right seem to have won by default, as Western economies move from crisis to crisis, the Right remain preoccupied with the culture war. Of course Sowell and Loury are in good company; with the occasional exception no economists have an answer to capitalist decline. This publication has noted our tendency in the UK to look to the US for answers (and problems?). In the UK, woke has monopolised discussions on race and it has been very difficult for non-conformist black thinkers to breakthrough. Please click my photo on the left to visit my Substack.
Loury is not very well known in the UK, it is his podcast that has raised his profile here. Whatever Loury has done in the past, he's found his niche as an excellent communicator and host. I'm not interested in discussing Loury's morals or indiscretions, but to move the discussion on I'd like to make the observation that Loury is often introduced as an economist. He says he’s conservative and pro-capitalist. But like his hero Thomas Sowell this doesn't amount to much. Neither has much to say about why capitalism fails or how capitalism works or how capitalism can be revived. Their's is more a critique of the Left than an advocacy of the RIght. It used to be said that the Left won the culture war but the Right won the economic war. But the Right seem to have won by default, as Western economies move from crisis to crisis, the Right remain preoccupied with the culture war. Of course Sowell and Loury are in good company; with the occasional exception no economists have an answer to capitalist decline. This publication has noted our tendency in the UK to look to the US for answers (and problems?). In the UK, woke has monopolised discussions on race and it has been very difficult for non-conformist black thinkers to breakthrough. Please click my photo on the left to visit my Substack.