Why Parents Need to Let Their Children Fail
Who's been getting rich in the US? It's not the 1%, it's not even the 0.1% - it's the 0.01%
Do we all really hate and envy those star athletes, pop stars, movie stars, TV stars, inventors, successful entrepreneurs, and captains of industry? I sometimes envy their talents, skills, and money, but I sure don't hate them.
My family is driving me crazy, and I am growing to hate them
4 reasons RadioShack is massively failing
Black culture and the culture of poverty are not the same thing.
I agree with that. (I also believe that not all poverty is via 'culture of poverty.' There are a thousand sorts of poverty, including genteel poverty.) Dr. X summarizes that debate:
Is racism fundamentally causing the problems that afflict large swathes of urban black America or does an independently self-sustaining culture itself account for the afflictions? I think many people all too readily take one position or the other, feeling certain about it. I don't see things as quite that tidy. Jonathan Chait and Ta-Nehisi Coates have been hashing this out in a series of posts. Begin here with Coates, then a reaction from Chait, response from Coates, then Chait answers.
Here comes the sun - The price of a product is a function of the demand for it — or should be.
The United States passed its first sugar tariff in 1789, before Rhode Island got around to ratifying the Constitution. We’ve had some major public-policy changes over the years — abolishing slavery, women’s suffrage, direct election of senators, gay marriage here and there — but the sugar tariff stays and stays, the economic version of drug-resistant syphilis. It is a matter of pure political power: The sugar producers believe that the price that Americans are willing to pay for sugar is not the right price — which is to say, it’s a lower price than the one they would prefer — and so we pay more thanks to the cowardice of Congress and the predictable victory of the producers’ concentrated benefits over the consumers’ dispersed costs. As Willi Schlamm said, the problem with capitalism is capitalists, a motto that should be engraved in marble above the entrance to the U.S. Department of Agriculture.
The French Implosion - Tax-and-spend politics has driven Paris to the brink
Congress Should Phase Out the Mortgage Interest Deduction
I agree that it is unfair and market-distorting - just like 1000 other government "favors." My view is that I want the Feds to have less money, less power, and less control.
In Westbury, Long Island, you can't rent out a room
Meet the Famous British Liberals Who Support Government Control of the Media
USDA to Grandparents: Read Government Bedtime Stories to Encourage Healthy Eating
The Feds don't want Granny baking cookies and pies anymore
Israel-Palestine — enough already!