480. How Much Does Discrimination Hurt the Economy? (Replay)

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Documentary, Society & Culture

4.6 • 32K Ratings

🗓️ 9 November 2023

⏱️ 58 minutes

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Summary

Evidence from Nazi Germany and 1940’s America (and pretty much everywhere else) shows that discrimination is incredibly costly — to the victims, of course, but also the perpetrators. One modern solution is to invoke a diversity mandate. But new research shows that’s not necessarily the answer.

Transcript

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0:00.0	There is a saying I've heard in many forms in many places over the years.
0:08.8	Maya Angelou used to say, when someone shows you who they are, believe them. There's another
0:15.4	version that goes like this. If there is a crowd in the street shouting that
0:20.0	they want to kill you, you should take them seriously.
0:24.1	There are parts of the world where crowds gather to shout death to the Jews.
0:29.6	We should believe them.
0:31.3	The latest evidence on October 7th, thousands of Hamas fighters having been
0:37.2	trained in Iran, financed by Hamas leadership in Qatar and positioned in Gaza crossed the Israeli border and
0:45.2	killed some 1400 Jews with a level of barbarism that hardly seems
0:50.6	believable in the 21st century.
0:53.0	The details are too grotesque to keep repeating.
0:57.7	One Hamas attacker phoned his mother from the site.
1:02.1	Your son killed Jews, he said.
1:04.2	Mom, your son is a hero.
1:08.0	They also kidnapped Jews, more than 200,
1:10.6	and took them back to Gaza.
1:12.2	They had apparently been promised a bounty of
1:15.0	$10,000 and an apartment for each Jew they kidnapped. Since that day, every
1:22.1	Israeli, every Jew in the world, has been forced into grief and at the same time
1:28.8	to reckon with an ancient reality. Anti-Semitism is one of the oldest and most lasting hatreds in the world.
1:38.0	It is far from the only hatred of its kind.
1:42.0	The economist Ed Glazer once wrote a paper called the
	...

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