Thomas Sowell's 43rd book, "The Housing Boom and Bust." … That, Sowell points out, is larger than the gross domestic product of all but four nations. … Sowell provides numerous examples of government actions at both the federal and state levels that created the housing boom and bust…
It is one of the signs of our times that so many in the media are focusing on the life story of Judge Sonia Sotomayor, President Obama's nominee for the Supreme Court of the United States.
You might think that this was some kind of popularity contest, instead of...
Random thoughts on the passing scene:
They say that people mellow with age. However, the older I get, the less patience I have with cleverness.
If increased government spending with borrowed or newly created money is a "stimulus," then the Weimar Republic should have been stimulated to unprecedented prosperity, instead...
Doing nothing might seem to be simple and easy. But there are many varieties of nothing, and some kinds of nothing can get very elaborate and complex.
In courts of law, for example, "concurrent sentences" mean that nothing is being done to punish a convicted criminal for some of his...
liberals figure we’re racist for not adoring Obama, but don’t regard themselves as racists when they bellow their hatred of Clarence Thomas … , Walter Williams, ThomasSowell, Shelby Steele, Condi Rice, Michael Steele and Ward Connerly?…
As part of the biographical preoccupation with Judge Sonia Sotomayor's past, the New York Times of May 31st had a feature story on the various New York housing projects in which she and other well-known people grew up-- including Whoopi Goldberg, Kareem Abdul-Jabbar, Thelonious Monk and Mike Tyson.
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As the mainstream media circles the wagons around Judge Sonia Sotomayor, to protect her from the consequences of her own words and deeds, its main arguments are distractions from the issue at hand. A CNN reporter, for example, got all worked up because Rush Limbaugh had used the word "racist"...
in our ignorance we will be doomed to make many of those same mistakes again.
4) Short Term Thinking/Instant Gratification: Thomas … Sowell once said that killing the goose that laid the golden egg can be a viable election strategy as long as it doesn't die until…
In Washington, the clearer a statement is, the more certain it is to be followed by a "clarification" when people realize what was said. The clearly racist comments made by Judge Sonia Sotomayor on the Berkeley campus in 2001 have forced the spinmasters to resort to their last-ditch excuse, that...
Back when I was on the receiving end of racial discrimination, it was to me not simply a personal misfortune, or even the misfortune of a race, it was a moral outrage. But not everyone who went through such an experience sees it that way.
When it comes to subjecting...
In an age that values cleverness over wisdom, it is not surprising that many superficial but clever books get more attention than a wise book like "The Character of Nations" by Angelo Codevilla, even though the latter has far more serious implications for the changing character of our own nation....
Even if the "stimulus" package doesn't seem to be doing much to stimulate the economy, it is certainly stimulating many potential recipients of government money to start lining up at the trough. All you need is something that sounds like a "good thing" and the ability to sell the idea....
A Gallup poll last week showed that far more Americans describe themselves as "conservatives" than as "liberals." Yet Republicans have been clobbered by the Democrats in both the 2008 elections and the 2006 elections.
In a country with more conservatives than liberals, it is puzzling-- in fact, amazing-- that we...
Much of the backlog of cases in our over-burdened courts has been created by the courts themselves, with adventurous judicial "interpretations" of laws that leave a large gray area of uncertainty around even the most plainly written legislation. Lawyers of course fish in these troubled waters, creating much needless litigation,...
While the recent Supreme Court decision in the New Haven firefighters' case will be welcome news to those who don't think that a gross injustice is O.K. when those on the receiving end are white, the reasoning behind the 5 to 4 decision is a painful reminder that the law...
In "Basic Economics," ThomasSowell puts it this way: "Profits may be the most misconceived subject in economics. … Sowell explains: "The hope for profits and the threat of losses is what forces a business owner in a capitalist economy to produce … Indeed, writes Sowell, most of the great fortunes in American history were amassed when entrepreneurs were able to reduce costs and…
For the fourth time in six cases, the Supreme Court of the United States has reversed a decision for which Judge Sonia Sotomayor voted on the 2nd Circuit Court of Appeals. If this nominee were a white male, would this not raise questions about whether he should be elevated to...
Most political and media discussions of medical care have an air of unreality reminiscent of Alice in Wonderland. There is an abundance of catch-phrases but remarkably few coherent arguments.
Let's start at square one. Why is there alarm about American medical care? The most usual reason given is because its...
Sometimes, when I hear about "disparities" and "inequities," I think of a disparity that applied directly to me-- the disparity in basketball ability between myself and Michael Jordan.
When I was in school, I was so awful in basketball that the class coach wouldn't even let me try out for...
After many a disappointment with someone, and especially after a disaster, we may be able to look back at numerous clues that should have warned us that the person we trusted did not deserve our trust.
When that person is the President of the United States, the potential for disaster...
Many people hoped that the election of a black President of the United States would mark our entering a "post-racial" era, when we could finally put some ugly aspects of our history behind us.
That is quite understandable. But it takes two to tango. Those of us who want to...
Distracting the audience's attention is one of the ways magicians pull off some of their tricks. President Barack Obama's televised news conference on medical care shows that he is something of a magician when it comes to politics.
The big trick for the president is to convince the public that...
Is there a coherent argument for government-controlled medical care or are slogans and hysteria considered sufficient?
We hear endlessly about how many Americans don't have health insurance. But, if we stop and think-- which politicians hope we never do-- that raises the question as to why that calls for government-controlled...
