sowell is his own man. even after studying under friedman he was still a marxist. >> host: is somewhat hard to figure this stuff out for himself and a don't think professor when i changed his mind. he's been very independent-minded for a very, very long time. >> host: i know that. what was his first big hit? >> guest: his book, first big book? >> host: yes. >> i would probably say ethnic america which came outng in 1981 was a very big hit. it got a tremendous amount of coverage, sold a lot of copies and it's a book about different ethnic groups that come to the u.s.-turkey traces their history. he's also talking in there about the importance of culture and a groups upward mobility and how if you have what economists call the right human capital, if you have the right attitude and skills and habits and behaviors that are conducive to its economic advancement, you are going to be okay even if larger society discriminates against you. you can see examples of this not only in the u.s. when it comes to groups li

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i'm going to be an apostle of thomas sowell, so when they shifted from equality to equity it becomes story. everybody wants equality of opportunity, but we understand that the equality of outcome is impossible, and it is harmful. there are certain places where the percentage of 5.5 white guys with an oscar background will not be in the nba. less than 0.0%. so we have to ask ourselves, why are we shifting from equality to equity, and it is because we realize that discrimination, deliberate discrimination is illegal. and we know it is not happening. everybody in corporations wants to hire minorities. colleges want minorities, so where's the discrimination? it's before that. it has to be before that, because we do see problems on the street and lots of issues, so it happens -- we are meeting this problem to elate. and that's why i go back to thomas sowell, he will bring up three areas, what are the three areas that negatively impacted black lives? he will say that the welfare system destroyed the families. teacher unions killed competition, school choice kills education. of the third th

them to the attention of more people, particularly more young people. >> ben: i have given thomas sowellrobably more than any other author to friends of minds saying you need to read this and i think when it comes to what you're trying to do here and putting him more the center that intellectual conversation could not be more timely considering the kind of people that you're talking about who really have not done the type of scholarship that he has. jason, thank you so much for taking the time to join me tonight. >> thank you. >> ben: now to a student led campaign to oust a university of london politics professor period eric kaufman has been a vocal critic of woke culture on campus. a student group is accusing him from being an "what's a pharmacist and apologist" -- there is a white's a premises professor in the halls teaching and grading and supervising migrant and students of color. how can our school call itself a diverse and truly diverse university if it employs such an important figure for whites of pharmacy and seen a phobic hostility? the professor is the author of "white shift"

>> larry: african american free market thomas sowell, read jason ri >> from the fox studios in new york city, this is maria bartiromo's wall street. maria: happy weekend and happy father's day. welcome to the program that analyzes the week that was and help us position you for the week ahead. i'm maria bartiromo, the taper tantrum has begun. the federal reserve this week signaled rates will move higher and the conversation to pull back on the fed's massive easy money is beginning. coming up, keith banks, the vice chairman of bank of america, he will react to the fed meeting and how to change the way we invest now. then what was actually accomplished at the u.s.-russia summit this week? marco rubio sits on senate foreign relations committee and big takeaways and what he says concerns him now and former president trump saying he will travel to the border at the end of the month while vice president kamala harris receives backlash for still not making the trip. iowa congresswoman wants to put harris accountable for not seeing the border crisis firsthand but the new bill was just blocked by

. >> larry: african american free market thomas sowell, read jason ri president joe biden offered reese in $100 million in military aid to ukraine before his meeting with vladimir putin. president biden had greenlighted russians north stream pipeline is a debate. what ossie did russia get? joining us tonight, jason smith and devin nunes charlie from washington times. from acting director. follow-up from five ukraine decision. we got back tonight plus national security experts warning present biden, for he put a bull's-eye on infrastructure targets inviting cyber attacks off-limits for russia? with cap that and 14 gop lawmakers led by former white house physician and congressman bonnie jackson sticking to their assertion that president biden must immediately undergo to assess his mental fitness citing medical history of aneurysm and growing forgetfulness and democrat fiercely battling back against that. this debate, insiders say you can expect a lot of spending democrat racing to try to rebrand everything they do now until midterms helping the middle class are they? historically the part

afterwords "wall street journal" columnist jason riley discussed the life and career of economist thomas sowell is into by nationally syndicated talkshow host dennis prager. >> host: jason riley, it's a pleasure to be with you. we have been together on my radio show. you have made a number of videos and i read you in the "wall street journal." you are pretty ubiquitous in my life, i just want you to know that. >> guest: thank you, thank you. good to be h

is anybody going to read jason riley's great book about african american economist thomas sowell, and his beautiful written book on freedom and opportunity, and it is by his own experience coming up from the ghetto. the book is "maverick" you should read it and what about senator tim scott's marvelous speech emphasizing supply side tax cut incentives and opportunity zones and hard work instead of welfare dependency or what about ben carson's great work, arguing for the equality of opportunity at the starting line but opposing something called equity at the finish line that's not family infrastructure , that's damaging the very soul of america, that's a kind of pre-berlin wall bulgarian-type command and control poisoning the spirit of america and by the way the democratic alternative is about $3 trillion in tax hikes, assaulting large companies, small companies, investments, worker wages, family farm, ranches, jacking up the corporate tax damages the blue collar middle class the most. they shoulder 70% of the burden in terms of lost wages and jobs, abolishing fossil fuels will cost mil

. >> sowell brands, who owns victoria's secret, their stock was down this morning.nd marketing perspective. part of the reason the sales were down for victoria's secret was because of products are not very quality and you could go and for an affordable price you could go online. there is all of these laundry start-ups online where you can get better quality products at cheaper quality prices. there is a issue of women walking down the runway been a problem that i think the issue was the quality of their garments, this reminds me of the miss miss america pageant, indulge me for two seconds, when they took with a swimsuit competition which was so stupid. if you like beauty pageants, you liked watching the beauty pageant and when you don't like they took away the swimsuit competition from miss america, the viewer is plummeted. it's not like a bunch of liberals started watching miss america suddenly, i see the same comparison. that's my high horse about miss america. >> that such a great point. as part of the argument as well is that a lot of this had to do with the sho

. ♪ >> larry: african american free market thomas sowell, read jason riley's book maverick, it's justrific and i'll see you on monday. " terrific. and i'll see you monday. ♪ ♪ gerry: u.s. customs and border protection agency releasing disturbing new images of how president biden's human smuggling crisis is at risk of spiraling out of control. plus, a crime surge seems to be crippling many u.s. cities, if every member of one police task force is quitting in portland, oregon, after one of their own is indicted. is politics getting in the way of fighting crime? and reopen for business but struggling with demand. can airlines keep up with the summer travel surge? i'm gerry baker, and this is "fox business tonight." ♪ gerry: our top story, it might have been a new federal holidayed today, but it came too late to give financial markets a juneteenth break. and most investors will probably be wishing they could have taken the day off. stock prices closed sharply lower. the dow jones industrial average ending 533 points down today and nearly 1200 points lower on the week, capping off its worst