by Thomas Sowell | May 6, 2008 | POLITICS
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... by Mark Da Cunha | May 1, 2008 | Philosophy, POLITICS
Capitalism Magazine: Who is Craig Biddle? Craig Biddle: I’m a guy who is fortunate to have discovered “Who is John Galt?” I’m a writer and editor specializing in books and articles from an Objectivist perspective, and I’m a husband and... by Alex Epstein | May 1, 2008 | Antitrust & Monopolies
Yahoo! has just released its first-quarter earnings numbers, and neither the market nor analysts are impressed. What will be the company’s next move? Multiple suitors claim that they can leverage Yahoo!’s online products and talented employees better than... by Thomas A. Bowden | Apr 30, 2008 | Environment
In a free market–without tax-paid levees, government disaster relief, or subsidized insurance–anyone who contemplates building or buying property in a high-hazard area will need to face hard facts about the local history of natural disasters, the efficacy and cost of preventive measures, and the availability of insurance.
by Richard E. Ralston | Apr 30, 2008 | Healthcare
The status quo in American health care is indefensible–an expensive regulatory and bureaucratic mess. What that calls for, however, is not more layers of regulation and complicated mandates. Nor should government take over health care completely and run it as... by Walter Williams | Apr 30, 2008 | POLITICS
While it’s politically popular to impose confiscatory taxes on America’s 40 million tobacco smokers, there are a number of consequences one might consider, but let’s start out with a quiz. If a carton of cigarettes sells for $160 in New York City,... by Thomas Sowell | Apr 28, 2008 | POLITICS
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... by Thomas Sowell | Apr 23, 2008 | Economics, Education, POLITICS
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... by Walter Williams | Apr 23, 2008 | POLITICS
Dr. Thomas Sowell’s recent column, “Republicans and Blacks,” (April 10, 2008) pointed out the foolhardiness of Republican strategy to secure more black votes. He pointed out that it is a losing strategy to reach blacks through the civil rights...