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 […]
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 […]
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 […]