Thomas Sowell

 Horses are supposed to be dumb animals. But they are smart enough not to bet on people.

 One of the few encouraging signs to come out of France has been the ban on head scarves in schools there, despite protests that these are traditional among Islamic girls. No one has a right to come into someone else's society and insist on playing by the rules of some other society. We in America need to understand that as regards language, among other things.

 Some ideas seem so plausible that they can fail nine times in a row and still be believed the tenth time. Other ideas seem so implausible that they can succeed nine times in a row and still not be believed the tenth time. Government controls in the economy are among the first kinds of ideas and the operation of a free market is among the second kinds of ideas.

 For reasons unknown, people on the left seem to take inordinate pride in being able to make verbal parallels -- whether or not there is any parallel in substance.

 With vastly more money available around the world as private investment than there is as foreign aid, why do Third World countries want or need foreign aid? Because private investors will seldom put their own money into projects that have no realistic chance of working or into countries too corrupt and unreliable to expect the money to be used responsibly, much less repaid.

Thomas Sowell

Thomas Sowell is a senior fellow at the Hoover Institute and author of The Housing Boom and Bust.

Creators Syndicate