by Thomas Sowell | Dec 23, 2008 | POLITICS
Random thoughts on the passing scene: Maybe the current bailout fever is Congress’ way of getting into the spirit of the season– saying in effect, “Yes, Virginia, there is a Santa Claus.” They will undoubtedly also be saying, “Yes, New... by Thomas Sowell | Dec 22, 2008 | Money & Banking, POLITICS
With both Barack Obama’s supporters and the media looking forward to the new administration’s policies being similar to President Franklin D. Roosevelt’s policies during the 1930s depression, it may be useful to look at just what those policies were... by Sylvia Bokor | Dec 20, 2008 | History
By the end of the Italian Renaissance the battle remained horrifically one-sided. Collectivism is the political expression of altruism, i.e., that each man should live for others. Altruism is a known and widely accepted moral code. It has been the foundation of the... by Walter Williams | Dec 17, 2008 | POLITICS
Congress is on a spending binge. With all the calls for bailouts, economic stimulus and other assorted handouts, there is a real risk of inflation in our future. If we do have a rapid inflation, it’s likely that Congress, as they did in the financial meltdown,... by Thomas Sowell | Dec 16, 2008 | POLITICS
Some of us were raised to believe that reality is inescapable. But that just shows how far behind the times we are. Today, reality is optional. At the very least, it can be postponed. Kids in school are not learning? Not a problem. Just promote them on to the next... by Walter Williams | Dec 10, 2008 | Money & Banking, POLITICS
Let’s not allow Congress and members of the bailout parade panic us into allowing them to do things, as was done in the 1930s, that would convert a mild economic downturn into a true calamity. Right now the Big Three auto companies, and their unions, are asking... by Thomas Sowell | Dec 9, 2008 | POLITICS
O.J. Simpson has attracted less attention by being declared “guilty” in Nevada than he did by being declared “not guilty” in California. Yet his story is more than the tragedy of one man. O.J. is not the first star athlete– or movie star,... by Thomas Sowell | Dec 8, 2008 | POLITICS
Will the horrors unleashed by Islamic terrorists in Mumbai cause any second thoughts by those who are so anxious to start weakening the American security systems currently in place, including government interceptions of international phone calls and the holding of... by Craig Biddle | Dec 8, 2008 | POLITICS
Economists from Adam Smith to Ludwig von Mises to Henry Hazlitt to Thomas Sowell have elucidated the general mechanics of a free market and demonstrated the unassailable practicality of capitalism. They have shown how freer markets provide better and cheaper health...