Random Events Sometimes unrelated events nevertheless tell a coherent story. One newspaper story that caught my eye recently was about two high-powered schools in South Korea where Korean girls study 15 hours a day, preparing themselves for tests to get into elite...
Thomas Sowell
Thomas Sowell has published a large volume of writing. His dozen books, as well as numerous articles and essays, cover a wide range of topics, from classic economic theory to judicial activism, from civil rights to choosing the right college. Please contact your local newspaper editor if you want to read the THOMAS SOWELL column in your hometown paper.
Obama: An Old Newness
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...
The Economics of College, Part III
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...
The Economics of College, Part II
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,...
The Economics of College, Part I
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...
The Latest Political Crusade: CFL Light Bulbs and Airline Safety
The latest political crusade is the crusade to replace ordinary light bulbs with the new CFL light bulb that is supposed to save electricity, reducing the need for fossil fuels and helping the fight against global warming. Since crusaders seldom stop to weigh the cost...
Senator Barack Hussein Obama: A Living Lie
An e-mail from a reader said that, while Hillary Clinton tells lies, Barack Obama is himself a lie. That is becoming painfully apparent with each new revelation of how drastically his carefully crafted image this election year contrasts with what he has actually been...
Republicans and Blacks
If Senator John McCain needed to prove that he is a real Republican, he did it when he continued an old Republican tradition of utterly inept attempts to appeal to black voters. Senator McCain was booed at a recent memorial on the anniversary of the assassination of...
Random Thoughts
Random thoughts on the passing scene: Most of the problems of this country are not nearly as bad as the “solutions” — especially the solutions that politicians come up with during election years. Some people actually think that televising Congress...
The Federal Reserve, JPMorgan Chase and Bear Stearns: Irony in Wall Street
There was a real irony in the recent intervention by the Federal Reserve System to provide the money that enabled the firm of JPMorgan Chase to buy Bear Stearns before it went bankrupt. The point was to try to prevent a domino effect of panic in the financial markets...
The Audacity of Rhetoric
It is painful to watch defenders of Barack Obama tying themselves into knots trying to evade the obvious. Some are saying that Senator Obama cannot be held responsible for what his pastor, Jeremiah Wright, said. In their version of events, Barack Obama just happened...
Bipartisan Primary Blues
Leaders of the Democratic Party and much of the media are wringing their hands over what to do about Democratic voters in Florida and Michigan, in order not to leave them out of the process of picking a nominee, and perhaps alienating them as for as the general...
Obama’s Philadelphia Speech: A Theatrical Masterpiece
Did Senator Barack Obama’s speech in Philadelphia convince people that he is still a viable candidate to be President of the United States, despite the adverse reactions to statements by his pastor, Jeremiah Wright? The polls and the primaries will answer that...
Senator Obama and “God Damn America”
There is something both poignant and galling about the candidacy of Barack Obama. Any American, regardless of party or race, has to find it heartening that the country has reached the point where a black candidate for President of the United States sweeps so many...
Alternatives to Incarceration and The Costs of Crime
For more than two centuries, the political left has been preoccupied with the fate of criminals, often while ignoring or downplaying the fate of the victims of those criminals. So it is hardly surprising that a recent New York Times editorial has returned to a...
Rescuing the Rust Belt
It is fascinating watching politicians say how they are going to rescue the “rust belt” regions where jobs are disappearing and companies are either shutting down or moving elsewhere. The North American Free Trade Agreement (NAFTA) is being blamed for the...
Cold Facts on “Global Warming”
It has almost become something of a joke when some “global warming” conference has to be cancelled because of a snowstorm or bitterly cold weather. But stampedes and hysteria are no joke — and creating stampedes and hysteria has become a major...
A Lesson From Venezuela
People on the left often use other countries as examples of things that we should do. If other countries have a government-run medical system, then we should have one too, they say. If other countries control prices, then we should control prices — or so the...
“Supporting The Troops”
The Berkeley city council has made national news by telling Marine Corps recruiters that they are unwelcome in that bastion of the academic left. It is a shame that Berkeley is not on some island in the South Pacific, because then they could be given their...
Bad Times at The New York Times
The front page of the New York Times has increasingly become the home of editorials disguised as “news” stories. Too often it has become the home of hoaxes. Going back some years, it was the Tawana Brawley hoax that she had been gang-raped by a bunch of...
What is Fascism and Who is a Fascist?
Those who put a high value on words may recoil at the title of Jonah Goldberg’s new book, “Liberal Fascism.” As a result, they may refuse to read it, which will be their loss — and a major loss.Those who value substance over words, however,...
The Media and Politics: Journalists Cannot Serve Two Masters
Even before Mitt Romney bowed out — with class, by the way — supporters of John McCain, and Republican party pooh-bahs in general, were chastising those conservatives in the media who had criticized Senator McCain. Those who leveled their attacks at Rush...
Economic Facts and Fallacies
The other day, a reader e-mailed me to ask for an explanation of the gold standard. He had heard it advocated in one of the political speeches. Any responsible answer to his question would have taken more time than I could spare, but I looked through several...
Hillary Clinton and John McCain: What Kind of “Experience”?
The front-runners in both political parties — that is, Hillary Clinton and John McCain — are making “experience” their big talking point. But what kind of “experience”? Both have been around in politics for decades. But just what...
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