“Where there is no guidance, a people falls, but in an abundance of counselors there is safety.” — Prov. 11:14 (ESV) A couple weeks ago, I presented my picks — suggestions and preferences, not predictions — for President, Vice President, and Executive Cabinet. Unfortunately, Cruz and Kasich have now suspended their campaigns and Trump is […]
“I have no desire to get rid of safety nets for people who need them. I have a strong desire to get rid of programs that create dependency in able-bodied people.” — Dr. Ben Carson Continuing excerpts from Jason L. Riley’s enlightening and insightful book, Please Stop Helping Us: How Liberals Make It Harder for […]
“Human rights can only be assured among a virtuous people. The general government… can never be in danger of degenerating into a monarchy, an oligarchy, an aristocracy, or any despotic or oppressive form so long as there is any virtue in the body of the people.” — Gen. George Washington I just got home from […]
It is not uncommon nowadays to hear some people talk very cynically about “banksters”, with the obvious implication that banks and those who run them are merely corrupt, even criminal, profiteers. Throw in terms like “predatory lending” and add stories of exorbitant fees, home & farm foreclosures, fraud and exploitation, and it’s a wonder anyone […]
This is sure to come up in the elections, especially by Hillary and Bernie, so listen up…. I always thought that “trickle down” economics was a snarky reference to some aspect of Reaganomics. Turns out, I was only half right. While prepping this post, I discovered that Ronald Reagan’s disillusioned budget director, David Stockman, later […]
I am still slowly working my way through Thomas Sowell’s Basic Economics, 4th ed. I don’t think I expected the topic of air/water pollution to come up in a tome on economics, but it does make sense, as you’ll see. Cries for increasing efforts toward environmental (i.e., ecological) purification are common — all in the […]
“It would be comforting to believe that the government can simply decree higher pay for low-wage workers, without having to worry about unfortunate repercussions, but the preponderance of evidence indicates that labor is not exempt from the basic economic principle that artificially high prices cause surpluses. In the case of surplus human beings, that can […]
As I work my way slowly, intermittently through Thomas Sowell’s rather large text, Basic Economics: A Common Sense Guide to the Economy, (4th ed., 2011), I find myself wanting to share, well, almost all of it. Of course, that’s not going to happen, but I will probably post on a few more topics from this […]
OK, so I was casting about, desperately looking for something to blog about this weekend. (Not that I don’t have good ideas, just not enough time to develop them.) On a whim, I decided to grab my copy of Thomas Sowell’s Basic Economics — an excellent book… that I have yet to read — and […]
My next couple posts continue a theme begun in my earlier posts regarding Larry F. Sternberg’s book Why Jews Should NOT Be Liberals (2001, rev. 2006). If you haven’t read them, please do; then come right back here. Liberals love to quote statistics that demonstrate great differences in income between classes in the U.S. The […]