by Thomas Sowell | Aug 9, 2007 | Housing, POLITICS
Amid all the hand-wringing and finger-pointing as housing markets collapse, mortgage foreclosures skyrocket, and financial markets panic, there is very little attention being paid to the fundamental economic and political decisions that led to this mess. The growth in... by Walter Williams | Aug 8, 2007 | POLITICS
Global warming has become a big-ticket item in the eyes of its supporters. At stake are research funds, jobs and the ability to control lives all over the globe. Most climatologists agree that over the last century, the Earth’s average temperature has risen... by Thomas Sowell | Aug 7, 2007 | POLITICS
It took a collapsing bridge in Minnesota to alert people across the country to the fact that many other bridges in many other places have been allowed to deteriorate without adequate maintenance. If this were just a matter of poor political leadership at various... by Walter Williams | Aug 1, 2007 | POLITICS
Historical costs, sometimes called sunk costs, are irrelevant to decision-making because they are costs that have already been incurred. That’s something that’s not intuitively obvious, even for some trained economists. On a couple of occasions, I’ve...
CAPITALISM REVIEW