“Countries with minimum wage laws almost invariably have higher rates of unemployment than countries without minimum wage laws,” Thomas Sowell recently wrote.
I plunged into Thomas Sowell's latest book "Intellectuals and Race" immediately upon its arrival but soon realized that I needed to slow down. Many writers express a few ideas with a great cataract of words. Sowell is the opposite. Every sentence contains at least one insight or fascinating statistic, frequently more than one.
As readers know, I enjoy profiling conservative candidates in my column. This week I’d like to introduce you to Dan Bongino, who is running against Sen. Ben Cardin in Maryland. Last week Bongino’s campaign got a boost from Sarah Palin. She posted a link to his website and wrote, “Dan has the message and the ability to become the 51st vote in the Senate to repeal Obamacare and give commonsense conservatives the majority.”
Democrats have been having a field day with the cry of "tax cuts for the rich" -- for which Republicans seem to have no reply. This is especially surprising, because Democrats made the same arguments back in the 1920s, and the Republicans then not only had a reply, but one that eventually carried the day, when the top tax rate was brought down from 73 percent to 24 percent.
Thomas Sowell is not only one of the finest columnists in the business, he's a prolific author, a brilliant economist, and he has an incomparable knack for simplifying complex concepts that few other human beings can match. Enjoy the distilled wisdom!
There have been many frauds of historic proportions -- for example, the financial pyramid scheme for which Charles Ponzi was sent to prison in the 1920s, and for which Franklin D. Roosevelt was praised in the 1930s, when he called it Social Security. In our own times, Bernie Madoff's hoax has made headlines.
It is fascinating to see people accusing others of things that they themselves are doing, especially when their own sins are worse.
As someone who was born in the seventies in North Carolina and grew up admiring people like Muhammad Ali, Satchel Paige, and even Malcolm X (Yes, really) that was a pretty good example of the world I grew up in.
Hey working young people, the government is stealing your money and not just once, every two weeks. We should applaud Rick Perry for being open and honest about the real situation of Social Security and youth voters should take note that Perry is looking out for them.
There are people who see no connection between what they have done and the consequences that follow. But Barack Obama is not likely to be one of them. He is a savvy politician who will undoubtedly be satisfied if enough voters fail to see a connection between what he has done and the consequences that followed.
Theodore Roosevelt said that his foreign policy was to speak softly and carry a big stick. Barack Obama's foreign policy in Libya has been to speak loudly and carry a little stick.
William Irvine is a professor of philosophy at Wright State University. He is one of the most courageous and honest professors in the country. Recently, he wrote a column concerning Wright State’s decision to invite the Reverend Jeremiah Wright to speak on his campus.
Elizabeth Warren's Crusade to Nationalize Payday Lending Squeezes Native American Tribes | Cathy Reisenwitz