by Thomas A. Bowden | Sep 23, 2008 | Regulation
The Katrina tragedy and the more recent experience of Hurricane Ike should call into question the so-called safety net composed of government policies that actually encourage people to embrace risks they would otherwise shun–to build in defiance of historically obvious dangers, secure in the knowledge that innocent others will be forced to share the costs when the worst happens.
by Thomas Sowell | Sep 22, 2008 | POLITICS
Who was it who said, “crack-brained meddling by the authorities” can “aggravate an existing crisis”? Ronald Reagan? Milton Friedman? Adam Smith? Not even close. It was Karl Marx. Unlike most leftists today, Marx studied economics. Is the... by Ariel Cohen | Sep 20, 2008 | POLITICS
On Aug. 8, Russia decided to rewrite the rules of post-World War II European security. It repudiated the Helsinki Pact of 1975, which recognized the sanctity of borders in Europe, and violated the sovereignty and territorial integrity of NATO aspirant Georgia, whose... by Walter Williams | Sep 17, 2008 | POLITICS
Here’s what the U.S. Constitution says: “All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.” How many times have we heard politicians, pundits and... by Thomas Sowell | Sep 16, 2008 | POLITICS
Sometimes you don’t know when you are lucky. Certainly I did not consider myself lucky when I left home at seventeen and discovered the hard way that there was no great demand for a black teenage dropout with no experience and no skill. In retrospect, however,... by Thomas Sowell | Sep 15, 2008 | POLITICS
To find anything comparable to crowds’ euphoric reactions to Obama, you would have to go back to old newsreels of German crowds in the 1930s, with their adulation of their fuehrer, Adolf Hitler.
by Harry Binswanger | Sep 10, 2008 | Business
Capitalism–even semi- capitalism–punishes the wasteful expenditure of funds on anything, including on executive salaries.
by Walter Williams | Sep 9, 2008 | POLITICS
Last week’s column demonstrated the harm, suffered by black students, that results from law school race-based admission policies. The bottom line was that black students who might have done well at lower-tier law schools were recruited to more highly competitive... by Thomas Sowell | Sep 8, 2008 | POLITICS
Conservatives, as well as liberals, would undoubtedly be happier living in the kind of world envisioned by the left. Very few people have either a vested interest or an ideological preference for a world in which there are many inequalities. Even fewer would prefer a...
