Discrimination, Prejudice and Preferences

My previous columns have attempted to reduce confusion by suggesting operational definitions of discrimination and prejudice. Discrimination was defined as the act of choice, and prejudice was the act of decision-making on the basis of incomplete information. Good...

Socialism for the Rich

Although socialism has long claimed to be for the poor, it has probably done more damage, on net balance, to the poor than to the rich. After all, the rich have enough money to leave the country if they think the socialists are going to do them any serious harm. Some...

What to Do About Gasoline Prices

Now that gasoline prices are below $3 a gallon, calls for the government to “do something” to force prices lower have temporarily abated. But it is crucial for us to recognize that no matter what the price of gasoline is, such calls are wrong. All market...

The Pope vs. Islam

The Muslim world is storming in violent outrage against the Pope’s recent quoting of a 14th Century emperor of the Byzantine Empire. A NY Times editorial says: “The pope quoted the emperor saying, ‘Show me just what Muhammad brought that was new, and...

Discrimination or Prejudice

In recent weeks, I’ve offered operational definitions for some of the terms used in the discussion of race. The first was discrimination, which can be broadly defined as the act of choice. When one selects one activity, good or person, of necessity he must...