by Walter Williams | Apr 18, 2009 | Environment
The global warming scare has provided a field day for politicians and others who wish to control our lives.
by Richard E. Ralston | Apr 17, 2009 | Healthcare
One of the great scandals of our age is the fact that America spends more on food than any other nation. Many political leaders are now calling for urgent reform to bring spending on food under control. While food spending is rapidly increasing and many Americans are... by Noah Stahl | Apr 17, 2009 | Economics
Economic success requires recognition, not evasion, of the fact that the principle of cause and effect applies just as inexorably in financial policy as it does in the scientist’s lab. Only when we reestablish acceptance of this idea can we hope to reverse course and return to the road of long term prosperity.
by Thomas Sowell | Apr 16, 2009 | POLITICS
Words are not the only things that enable political rhetoric to magically transform reality. Numbers can be used just as creatively– and many voters are even more gullible about statistics than they are about words, apparently because statistics seem more... by Thomas Sowell | Apr 15, 2009 | Economics, POLITICS
Among the suggestions being made for getting the American economy moving up again is a reduction in the capital gains tax. But any such suggestion makes people on the left go ballistic. It is “trickle down” economics, they cry. Liberals claim that those... by Walter Williams | Apr 15, 2009 | POLITICS
Democracy and majority rule give an aura of legitimacy to acts that would otherwise be deemed tyranny. Think about it. How many decisions in our day-to-day lives would we like to be made through majority rule or the democratic process? How about the decision... by Thomas Sowell | Apr 14, 2009 | POLITICS
China is the largest foreign holder of U.S. government bonds. But, instead of buying more of those bonds as our skyrocketing national debt leads to more bonds being issued, China has been selling some of its U.S. government bonds this year. The Chinese are no fools.... by Walter Williams | Apr 14, 2009 | POLITICS
When we think about government spending, and the taxes needed to finance its spending, we should also think of the effects of taxation. Suppose I hire you to repair my computer. The job is worth $200 to me and doing the job is worth $200 to you. The transaction will... by Walter Williams | Apr 13, 2009 | POLITICS
Ask the average person which is the correct answer to the following question: Which president gave the biggest tax cuts for the rich — Reagan or Bush? I would bet the rent money that you would not get the correct response, which is: Presidents have no taxing...
