My guest today is economist and podcaster Glenn Loury, whose new memoir is titled Late Admissions: Confessions of a Black Conservative. Born in 1948 and raised working-class in Chicago's predominantly African American South Side, Loury tells a story of self-invention, ambition, hard work, addiction, and redemption that channels Benjamin Franklin's Autobiography, Richard Wright's Native Son, Saul Bellow's The Adventures of Augie March, and Milton Friedman's Capitalism & Freedom. The first tenured black economist at Harvard, Loury emerged in the 1980s as a ubiquitous commenter on race and class and was offered a post in the Reagan administration. Then a series of scandals involving affairs, arrests, and addiction threatened the end of his personal and professional lives. Late Admissions is an unflinching look at Loury's failures and successes, written by one of the most popular academic presences on YouTube.
0:00— Introduction
