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What Sowell calls the 'anointed' are the psuedointellectuals who believe they are very smart and who alone know the solution to society's problems. Sowell's anointed are reasonably similar to Nassim Taleb's concept of the Intellectual-Yet-Idiot. The anointed believe that problems such as inequality between groups are caused by society's attitudes rather than things intrinsic to the the groups and individuals themselves. In contrast to the view held by the anointed ones, Sowell puts forward the 'tragic' vision, in which human capability is limited, solutions involve trade-offs rather than being categorical, causation is systemic, knowledge consists of the unarticulated experiences of the many, freedom is absence of coercion from others, justice is following rules rather than equalising outcomes, and so on. Sowell's arguments are pretty strong, and he provides examples to support his view, such as how changes to the justice system resulted in significantly increased crime. An issue with this book, common to all Sowell's work, is that it is very dry and not the most entertaining thing to read.