by Walter Williams | Apr 30, 2008 | POLITICS
While it’s politically popular to impose confiscatory taxes on America’s 40 million tobacco smokers, there are a number of consequences one might consider, but let’s start out with a quiz. If a carton of cigarettes sells for $160 in New York City,... by Thomas A. Bowden | Apr 30, 2008 | Environment
In a free market–without tax-paid levees, government disaster relief, or subsidized insurance–anyone who contemplates building or buying property in a high-hazard area will need to face hard facts about the local history of natural disasters, the efficacy and cost of preventive measures, and the availability of insurance.
by Richard E. Ralston | Apr 30, 2008 | Healthcare
The status quo in American health care is indefensible–an expensive regulatory and bureaucratic mess. What that calls for, however, is not more layers of regulation and complicated mandates. Nor should government take over health care completely and run it as... by Thomas Sowell | Apr 28, 2008 | POLITICS
Many years ago, a great hitter named Paul Waner was nearing the end of his long career. He entered a ballgame with 2,999 hits — one hit away from the landmark total of 3,000, which so many hitters want to reach, but which relatively few actually do reach. Waner... by Thomas Sowell | Apr 23, 2008 | Economics, Education, POLITICS
Why does college cost so much? There are two basic reasons. The first is that people will pay what the colleges charge. The second is that there is little incentive for colleges to reduce the tuition they charge. Those who want the government to provide subsidies to... by Walter Williams | Apr 23, 2008 | POLITICS
Dr. Thomas Sowell’s recent column, “Republicans and Blacks,” (April 10, 2008) pointed out the foolhardiness of Republican strategy to secure more black votes. He pointed out that it is a losing strategy to reach blacks through the civil rights... by Thomas Sowell | Apr 22, 2008 | Economics, Education, POLITICS
Those who argue that the taxpayers should be forced to subsidize people who go to colleges and universities seldom bother to think beyond the notion that education is a Good Thing. Some education is not only a good thing but a great thing. But, like most good things,... by Thomas Sowell | Apr 21, 2008 | Economics, Education, POLITICS
A front-page headline in the New York Times captures much of the economic confusion of our time: “Fewer Options Open to Pay for Costs of College.” The whole article is about the increased costs of college, the difficulties parents have in paying those... by Dennis T. Avery | Apr 20, 2008 | POLITICS
The Earth’s warming since 1850 totals about 0.7 degrees C. Most of this occurred before 1940. The cause: a long, moderate 1,500-year climate cycle first discovered in the Greenland ice cores in 1983. The cycle abruptly raises our temperature 1 to 3 degrees C...