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For example, the fact that black applicants for mortgage loans are turned down at a higher rate than white applicants has been widely cited as proof of racism among lending institutions. The Washington Post, for example, reported that a “racially biased system of home lending exists” and Jesse Jackson called it “criminal activity” that banks “routinely and systematically discriminate against African-Americans and Latinos in making mortgage loans.” But the very same data also showed that whites were turned down at a higher rate than Asian Americans. Was that proof of racism against whites, and in favor of Asians?
The Vision of the Anointed
Thomas Sowell
As noted in Chapter 5, black and other minority students with the qualifications for success have been artificially turned into failures by being mismatched with academic institutions they do not qualify for under the standards applied to other students.
Intellectuals and Race
Thomas Sowell
In the tragic vision, individual sufferings and social evils are inherent in the innate deficiencies of all human beings, whether these deficiencies are in knowledge, wisdom, morality, or courage. Moreover, the available resources are always inadequate to fulfill all the desires of all the people. Thus there are no “solutions” in the tragic vision, but only trade-offs that still leave many desires unfulfilled and much unhappiness in the world. What is needed in this vision is a prudent sense of how to make the best trade-offs from the limited options available, and a realization that “unmet needs” will necessarily remain—that attempting to fully meet these needs seriatim only deprives other people of other things, so that a society pursuing such a policy is like a dog chasing its tail.
The Vision of the Anointed
Thomas Sowell
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