Recent fluctuations in the stock market have been used by some liberal politicians as a reason why Social Security should not be privatized. What if someone invests retirement money in the stock market, instead of in Social Security, and then retires at a point when...
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.
We Are All “Drop Outs”
Hats off to Jackson Toby, who wrote in the Weekly Standard what few have dared to say in the past three decades: “Let them drop out.” He argues that too many students are finding nothing but frustration and resentment at being trapped for hours every day...
“Big Oil” and The High Cost of Demons
Since it has long been known that the best defense is a good offense, it should not be surprising that politicians who have created an economic mess should begin loudly denouncing somebody else as the cause of the public’s problems. Last year, the problem was a...
Price Controls and the Electricity Crisis in California
It was only a passing news item when the financial information service Standard & Poor’s lowered the rating it gave to bonds issued by the state of California. But it has big implications and it also shows the big difference between economics and politics....
The Duty to Die
Our betters have been telling us how to live our lives for so long that it is only the next logical step for them to tell us when to die. We have grown so used to meekly accepting their edicts, even on what words we can and cannot use — “swamp” has...
Poisonous Politics: Arsenic in the Water
The latest political alarm is about arsenic in our drinking water. Yes, Virginia, there is now, has been in the past, and may forever in the future be arsenic in our drinking water. Obviously not a lot or I wouldn’t be writing this and you wouldn’t be...
The Facts vs. “Campaign Finance Reform” Fictions
To crusaders for “campaign finance reform,” as with many other political crusaders, the facts simply do not matter. What matters is their vision — and winning. Facts can be left to others. Most of the arguments for campaign finance reform cannot...
Random Thoughts
Random thoughts on the passing scene: Ad for a ski resort: “If swimming is so healthful, why are whales so fat?” Talk about cloning human beings recalls Winston Churchill’s comment about the secrets of the atom, “hitherto mercifully withheld...
Campaign Finance Reform and Other “Feel Good” Laws
It is not often that conservative talk-show host extraordinaire Rush Limbaugh and Harlem’s left-wing Congressman Charles Rangel are in agreement on anything. But they both say that the McCain-Feingold campaign finance reform bill, which has just passed the...
The Role of “The Rich”
A recent catalogue from the giant second-hand camera dealer KEH listed a Canon camera made for the Japanese navy during World War II. This model is described as one of only 15 such cameras made and as being still in excellent condition. Its price is $40,000. Most of...
Cultural Bias and the SAT
Ever since racial quotas in college admissions were banned by Proposition 209 in California and by the 5th Circuit Court of Appeals in Texas, academics and politicians have been racking their brains to come up with something that would allow quotas to continue under...
“Conserving” Electricity
Has anyone ever pleaded with you not to buy a Rolls Royce? The argument might go like this: So much expensive materials and so many man-hours of highly-skilled hand labor go into producing a Rolls Royce that, if everyone had one, it would drain so many resources and...
Storm Troopers Vs. Free Speech
Despite media proclamations of “the public’s right to know” and frequent invocations of the First Amendment, there has been a deafening silence from the national media over the storm trooper tactics used on college campuses against student newspapers...
Price Controls and the California Blackouts: An Old Problem Returns
The last time so many people were as bedeviled as the people of California are today by electrical blackouts was back in 1979, when motorists in cities across the country were lined up for hours at filling stations, waiting to get gas. Both shortages had the same...
Forced to Volunteer
THE TERM “LIBERAL” originally referred politically to those who wanted to liberate people — mainly from the oppressive power of government. That is what it still means in various European countries or in Australia and New Zealand. It is the American...
Demonizing for Dollars
THE ONCE-POPULAR GAME SHOW “Dialing for Dollars” has its present-day counterpart in courts of law — Demonizing for dollars. The most spectacular bonanza to come out of this process has been the hundreds of billions of dollars shared by lawyers and...
Random Thoughts
Random thoughts on the passing scene: In trying to get away from the pardon scandals, Hillary Clinton has said everything except “Bill who?” After the tragic death of auto racer Dale Earnhardt, no one suggested banning the sport. Yet that is exactly what...
California Dreaming
There is a computer mouse that glows in the dark and the state of Michigan is sending more than 4,000 of them to businesses in California. This is to remind these businesses of the electrical blackouts that have plagued California — and of the fact that Michigan...
Class Envy and Getting Rich Quick
It may be easier than you think to get rich quick. Let’s take a fairly common situation in California. A couple buys a little square box, two-bedroom house on a modest-sized lot during the 1970s for $30,000 or $40,000. Then, over the years, they pay off their...
School Children as Political Cannon Fodder for “Social Causes”
Test scores are not the only things that tell us how bad our public schools have become. In San Francisco, the school board voted unanimously to have the city’s students take Friday, March 9th, off to go to Berkeley, in order to stage a protest demonstration,...
The Wrong Question to Ask About The Tragic School Shootings
After every tragic school shooting — and many other shocking murders — the question gets asked: “How could he do such a thing?” This has become the centerpiece of a whole set of rituals. Another part of these rituals is the appearance of...
The Dangers of Egalitarianism
Any smell more subtle than ammonia or a sewage treatment plant is usually hard for me to detect. However, I happen to be able to smell gas escaping better than most people. On more than one occasion I have walked by someone’s home, smelled gas and left a note on...
Merit, Money, and the Death Tax
Some people may have found it an inspiring example of social conscience when various super-rich people, such as the Rockefellers, came out publicly against repealing the taxes that the federal government levies against the property left by people who have died. But it...
Taxing the Living and the Dead
The all-out attempt in the media to scare us away from tax cuts was epitomized by a Newsweek cover with the caption: “Bush’s $1.6 trillion gamble.” In other words, it is a gamble to let people keep their own money, but apparently it is safe to put...
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