Must Reads For The Week 6/30/18

Posted June 30, 2018 by austrianaddict
Categories: Must Reads For The Week

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San Francisco Restaurants Can’t Afford Waiters. So They’re Putting diners To Work, by Emily Badger, at cnbc.com. This is similar to full service gas stations changing to self-service stations back in the day (young people probably don’t remember when all gas stations were full service). The cost of artificially raising the minimum wage above what it would be under normal market conditions has to be paid by someone. Restaurant workers pay the cost by having their hours cut back or by losing their jobs to automation. The owner has to figure out how to absorb the cost that he can’t push onto his customers in higher prices. Ultimately he may go out of business because his business can’t profitable under the new regulations. The consumer pays in the higher prices charged by the restaurant for the food and service. Now the owners are trying to separate the food from the service (like gas stations did).

Are costumers willing to absorb the cost of physically performing the labor that they previously paid the waiter to do? Fast food restaurants have made this work. But the quality and the price of the food has to out weigh the cost of the labor the customer has to perform or else the consumer will go somewhere else. This weighing of the cost is subjective to each individual customer who walks in the door of the restaurant. The next question is; How much are individuals willing to pay for the ‘dining experience’? In the case of this restaurant not enough people valued it more than the price that was being charged. The market ultimately wins. Government intervention never produces what the planners planned.

Military Seizes Control Of Water Supplies As Venezuelan Infrastructure Collapses, at zerohedge.com. Socialist central planning of the economy produces a lower standard of living. Venezuela standard of living has been in a steady decline for years since Government central planners have taken over increasing numbers of decisions that used to be made by individuals in the market. Central planners utopian plans must always obey the reality of economic laws. No one should be surprised by this outcome.

2 Million Americans Quit Food Stamps In Trump’s First Year, by Ivan Pentchoukov, at theepochtimes.com. Improvement in the job market and the economy is the reason for this. Businesses are more productive even when the weight of government is lifted a little bit. Or when businesses don’t believe there is a threat of government intervention for the foreseeable future.

Disability Applications Plunge As The Economy Strengthens, by Nelson Schwartz, at wral.co. This and the food stamp article show incremental movement in the right direction. Lets hope Trumps tariff gambit doesn’t destroy this trend. Although we know there will be economic consequences for his actions. Why? Because economic laws will always win out against government intervention in the market.

Trump’s Trade War Causing Harley-Davidson To Move Some Production Out Of The United States, at economicpolicyjournal.com. Government intervention into the market produces consequences that were not planned by the planners. This is an example of economic laws winning out over government intervention. Economic reality cannot be wished away by government decree.

Dear High School Graduates: The Status Quo “Solutions” Enrich The Few At Your Expense, by Charles Hugh Smith, at oftwominds.com. The cost of college, housing and healthcare are rising because of government intervention. Not direct intervention mind you, but interventions into the financial system. Government tried to make these industries “affordable” by making money easy to borrow. When money (real or printed) pours into any industry, the price (not the cost) of the good or service is driven higher. This rising price is caused because the money supply has been inflated. This allows individuals to borrow in order to purchase these goods or services. It is a debt created bubble. If the money supply had not been inflated, the interest rate would have been higher. Why? Because there would have been fewer dollars for competing borrowers. Simple supply and demand. The higher interest rates would have directed these funds to their most valued use according to the subjective valuations of each individual. But the artificial increased of the money supply brought about artificially low interest rates. This allowed a level of activity to occur in these industries, a level which would have never come about if interest rates were higher. Of course if there was no inflation of the money supply, the interest rates would have increased to a level reflecting the true amount of funds able to be borrowed. And the inflated prices in these industries would have been kept in check because of these higher interest rates.

Excerpt from the article: “The status quo is pressuring you to accept its “solutions”: borrow mega-bucks to attend college, then buy a decaying bungalow or a hastily constructed stucco box for $800,000 in a “desirable” city, pay sky-high income and property taxes on your earnings, and when the stress of all these crushing financial burdens ruins your health, well, we’ve got meds to “help” you – lots of meds at insane price points paid for by insurance – if you have “real” insurance without high deductibles, of course.”

“Student loan debt only makes your life harder, not easier, as the claimed “value” of a college degree is based on the distant past, not the present. The economy is changing fast and the conventional “solutions” no longer match the new realities.”

“The high cost of housing isn’t “solved” by buying in at the top of an unprecedented bubble. Buying into bubbles only makes the problem worse, for all bubbles pop.”

“The “solution” to crushing levels of debt is not to borrow more just to prop up a rotten, corrupt, dysfunctional and self-serving status quo….the young generations are being groomed to be the hosts for the parasitic classes that feed on young taxpayers, student loan debt-serfs, young buyers of bubble prices housing, unaffordable sickcare “insurance” and all the rest of the status quo “solutions”.

If Hillary And Democrats Laundered $84 Million, They Should Face Justice, by Dan Becker, at thefederalist.com. Hillary and Bill have been laundering millions through the Clinton global Initiative for years. So it is not hard to believe that Hillary laundered millions of campaign dollars.

More Than 685 Million Call Records Deleted By The NSA, at chicago.suntimes.com. We have given the State too much power.

The Police State Takes A Giant Step Towards Pre-Crime, at zerohedge.com. Excerpt from the article: “If you think we still have privacy rights or a 4th Amendment, you are living in the past. Technology has moved past our individual rights and technology is now determining what day and time a crime will be committed in your meighborhood and produce a list of suspects that need to be “questioned” prior to a crime being committed.

The Four Dissenting Votes In The Travel Ban Ruling Are A Dangerous Sign, by Kyle Sammin, at thefederalist.com. This case should have never gotten this far. The question was simple. Does the presidency have the power to make this ruling. The judges, up to and including the 4 dissenting Supreme Court justices were trying to be Kreskin like mind readers of the President motive. The order was legal according to the law. But these judges were trying to strike down a lawful order because of political differences with the President. It became a political decision. These Judges are tasked to make legal decisions not political decisions. Making political decisions through the judicial process creates a mess. Just look at the mess created by Roe vs. Wade.

What Is The Religion Of Mass Public Shooters? by John Lott, at thedailycaller.com. Is it politically correct to even ask this question? No but it has to be asked.

Socialist Alexandria Ocasio-Cortez beat 4th Ranking House Democrat Joe Crowley In NY Primary, by Ray Downs, at upi.com. The Democrat party is moving towards the ideology of socialism. Let me try this again. The Democrats have always been socialist central planners. They have just always tried to hide what they truly are. They now have more and more people in power who are not afraid to say it.

I’m going to go way out on a limb but here is a prediction in regards to Alexandria Ocasio-Cortez.  She is going to be fast tracked to run for president just like Barack Obama was. Alexandria Ocasio-Cortez was born October 13 1989 which would make her age eligible (35) to run for president in 2024. You can check mark all the boxes with her. She is a female minority. She is intelligent and speaks well in front of audiences. She is young and attractive which means she is photogenic. And she is a big government socialist central planner. I bet she will give one of the prime time speeches at the 2020 Democrat convention. This will be her official introduction to the country. The main stream media will take the baton from there and run with it. The propaganda campaign will be on full display. 18 months after the convention she will start her run for the 2024 presidency. Bernie Sanders will run again in 2020 in an attempt to mainstream “socialism”.  They hope the stigma of the word “socialist” won’t be as bad for Alexandria Ocasio-Cortez when she runs in 2024. What do you think?

 

CARTOONS from the rightreason.net.

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Must Reads For The Week 6/22/18

Posted June 25, 2018 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , , , , , ,

Armed Civilian Kills Gunman, Stops Shooting Spree At Walmart In Washington State, at washingtonpost.com. Another example of a good guy with a gun stopping a bad guy with a gun. The truth is you and I are the “first responders” in every situation. Cops and fireman are second responders.

U.S. Announces Its Withdrawal From U.N. Human Rights Council, at npr.org. Many countries on the U.N. human rights council are the biggest abusers of human rights. Excerpt from the article: “Nikki Haley said, “I want to make it crystal clear that this step is not a retreat from human rights commitments. On the contrary, we take this step because our commitment does not allow us to remain a part of a hypocritical and self-serving organization that makes a mockery of human rights.” Can I get an amen?

Left Blames Evergreen’s Bat-Wielding Mobs On Anti-Racisim Professor, at thefederalist.com. Progressive leftists can get away with this kind of behaviour. Here is an0ther example that if you are on the politically correct side you can get away with actions that would land other people in jail. Double standard anyone? Her is another article about the social justice cult on Evergreen campus, Weinstein Warns Congress About ‘Cult’ Of Campus Progressivism, at campusreform.com.

6 Revelations From ‘The Swamp’ Documentary Show Just How Dirty DC Is, at thefederalist.com. ‘The Swamp’ Documentary gives insight on how the DC political game is played. We have to fight back if our country is going to survive as a constitutional republic. Trump is an outsider who is pushing back against the swamp. I love the fact that he is driving progressives in the media and both parties crazy.

50 Media Mistakes In The Trump Era, at sharylatkisson.com. Here is a list of Fake News stories that were used by the progressive left to undermine Trump.

Sharyl Attkisson: The Left Invented Fake News, at zerohedge.com. The left invented the term ‘Fake News’ in an attempt to smear talk radio, Fox news and the internet. Trump flipped the script on them. Now ‘fake news’ means the main stream media. Ultimately it is up to us to figure out what is fake news and what is reality. Don’t trust anything you hear or read. Figure out the truth for yourself.

Rachel Maddow Breaks Down During Report On ‘Tender Age’ Shelters.

“…and the Emmy Award for the worst performance by a lead actress in a drama series, or is it a comedy series, goes to Rachel Maddow.” Fake tears to promote fake outrage in an attempt to make Trump look bad.

“Obama Kept Them In Cages” – The Pedophrasty Of Politicians Exposed, at zerohedge.com. The main stream media is using pictures of children to push their vision of the world. Unfortunately for them these pictures have either been debunked as false or used out of context. Excerpt from the article: “Pedophrasty Definition: Argument involving children to prop up a rationalization and make the opponent look like an asshole, as people are defenseless and suspend all skepticism in front of suffering children:…….Often done with the aid of pictures. Pedophrasty is effective as it provides arguments to strike before the evidence is formed. People are moved into “doing something” Pedophrasts prey on our maternal and paternal instincts.”

Pedophrasty had its most effects on actors, journalists and similar types who are intellectually insecure, deprived of critical judgement, and afraid of being classified as violators of some norm of political correctness.”

“That’s what is dangerous: seeing a photo of a child in distress makes people halt their critical thinking. That’s also why such photos are used. They help build a narrative that doesn’t have to be factual to shock people. But at that point TIME becomes a fiction magazine; it’s whee it leaves journalism behind.”

Watch IG Horowitz Reaction When Asked If Hillary Committed “No Crimes”, at zerohedge.com. This says it all about whether Hillary broke the law. Hillary is a part of the establishment. And as an insider she got protection from her law breaking. Anyone one of us would be in jail if we did what she did.

Comey Hits Back At Hillary: “She Doesn’t Understand What Her Case Was About, at zerohedge.com. Here is what Comey said about Hillary’s understanding about her case. “It was not about her use of a personal email system…..It was about communicating about classified topics on that system when those topics have to be done on a classified system.”

I have tried to get people to understand the point Comey is making here. Hillary could legally have a private email server. But it was illegal to conduct government business, especially classified business, on her private server. The standard for breaking this law is ‘Gross negligence’. Intent was not the standard. Comey never tried to hide the facts of what Hillary did. What he attempted to do was use verbal sleight of hand to change the standard of prosecution for what she did, from gross negligence to intent. It is that simple.

IG Report Confirms Obama Lied About Hillary Email Server, at zerohedge.com. Obama said he learned about Hillary’s email server from the NY Times. But Obama had direct contact with Hillary on her private email account. He used a pseudonym for his username on his government email account. Read this short article. You will be amazed at how corrupt establishment insiders are.

Flynn Evidence May Have Been Tampered With By FBI: GOP Lawmaker, zerohedge.com. Corruption in the FBI! Who would believe that? Government agencies have one objective. To protect government power from being rolled back. Political outsiders must be destroyed by all means available. In this case by the legal system.

McCain Office Involved In IRS Targeting Scandal; Pushed “Financially Ruinous” Audits Of 501(c) Orgs, at zerohedge.com. Progressives in the Republican party are no different from progressives in the Democrat party. They both want Government power to grow, and individual freedom to shrink. The IRS scandal is a perfect example of establishment insiders attempting to torpedo groups of citizens who wanted to roll back the size and scope of government. “Public servants” want to protect what is in the best interest of their little feifdom. They are not interested in what is in the best interest of the “public”. And what is best for the “public” is individual freedom.

Soros Steams That Trump’s Revolution In World Affairs” Is Succeeding, at zerohedge.com. Now for the good news. Soros thinks Trump is dismantling decades of work and money he has spent in building the Globalist world order. Here is an excerpt from the article: “Expressing frustration that “everything that could go wrong has gone wrong”, the Billionaire financier of countless Color Revolutions all across the world told the Washington Post that he was “living in (his) bubble” because he failed to foresee Trump’s meteoric rise. Fearful that Trump “is willing to destroy the world”, as he put it, he vowed to “redouble (his) efforts” in pouring millions of dollars into opposing everything that the President stands for all across the world.”

What Soros doesn’t understand is that it is not Trumps revolution. People all over the world had finally had enough of government intervening in their lives. Brexit was an example of this and Brexit happened before Trump. Obama tried to interfere in the Brexit election but he couldn’t stop the reality that people were seeing. Establishment insiders created the atmosphere that pissed off enough people, which allowed an outsider like Trump to get elected. The “revolution” is not Trumps, although he is doing his best to get rid of the status quo. When Trump leaves office, the people who voted him in office will still be there. And they will be looking for the next outsider to take the machete and continue hacking away at big government.

CARTOON

The IG Reports No Bias

Border Separation Is About Politics. “The Children” Are Being Used As Pawns

Posted June 20, 2018 by austrianaddict
Categories: Government and Politics

Tags: , , , ,

The outrage over “the children” being separated from their families at the border is all about politics. This issue is being used as a weapon. The target of the weapon is Trump. It is that simple. The mid-term elections are coming up and the Democrats need a “Hail  Mary Pass”.

This is not Trumps policy. It is the law of the United States. This same thing was going on when Obama was president.

When reporters and politicians start using terms like “concentration camps” when discussing this, I tune them out. They have no credibility. They are attempting to sway opinion by using emotion. I don’t think this tactic is as effective as it once was.

Shocking Testimony: Civil Rights Attorney Asked Obama To Close Migrant “Baby Jails” in 2015, at zerohedge.com. According to his own words Obama wanted these detention centers. Where was the media outrage? I think we know the answer to that.

Breathtaking Hypocrisy Of The Left On Immigration, at theburningplatform.com. Here are two short videos of Hillary and Obama sounding like Trump. Where was the outrage?

Border Patrol Agent Enlightens CNN Reporter On Reality At The Border.

Four Things The Media Won’t Tell You About The Border Crisis, at thefederalist.com. Excerpt from the article:  “By denouncing Trump’s policy (actually it is a U.S. law) of family separation and demanding that the administration keep families together, the media (along with a large number of lawmakers from both parties) are effectively arguing that families should be released while they await their court hearings or go through the asylum application process. Whether they realize it or not – and no doubt many in the media and the Democratic Party fully realize it – this amounts to a de facto open borders policy….”

 

Let’s Take A Timeout And Laugh

Posted June 14, 2018 by austrianaddict
Categories: Miscellaneous

Tags: , , ,

George Carlin and Rodney Dangerfield each has a unique comedic style. Take some time to escape from your normal day and laugh a little. You deserve it.

George Carlin examines the meanings of expressions or sayings we use in the English language.

Rodney Dangerfield doing what Rodney does.

 

Must Read “Leftovers”

Posted June 8, 2018 by austrianaddict
Categories: Leftovers

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‘Uber Of Snowplows’ expands To Twin Cities, Joining Existing App-Based Snow Removal Service, by Callie Schmidt, at twincities.com. SnoHub and Plowz are snow removal apps based on the Uber model. These apps bring the service providers and the  service demanders together in a more efficient way. The market does amazing things.

The Unseen Cost Of Shoveling Snow, by Jim Fedeko, at mises.org. Jim’s articles are always entertaining. This snow shoveling discussion with his neighbor turns into a version of the broken window fallacy. The ending comes out of left field.

Control The Words, Control The Culture, at prageru.com. Not only does the left control the words that are used, it controls the meaning of words. And if you don’t bow to the alter of political correctness, you will be destroyed.

The Religion Of The Democratic Party Is Abortion And Brunch, by Bre Payton, at thefederalist.com. No comment necessary.

Higher Education Is Drowning In BS, by Christian Smith, at chronicle.com. The BS doesn’t stand for Bachelor of Science degree. This is good even though I don’t agree with all of it. It makes you think. And that is always good.

Regulations At Lowest Count Since Records Began Being Kept In The Mid’-1970’s, at reason.com. Getting rid of Government regulations makes the economy more productive. The good news is there have been a lot more regulations cut since this article was written.

What Is Social Justice?, by Hunter Lewis, at mises.org. Excerpt from the article: “Moreover social justice is a moral concept, not a legal one. Charitable givers can make the necessary moral judgement about who have done their best………and are therefore deserving of help from those more fortunate. Governments cannot possibly make such judgement.

Utah’s ‘Free Range Parenting’ Law Said To Be First In The Nation, by Meagan Flynn, at washingtonpost.com. Today’s parents smother their kids when they attempt to protect them from every possible (but not probable) bad thing that might happen. As you can see by looking at the millennial generation, this sheltering by parents has stifled the ability of young people to figure things out on their own. We are doing a disservice to our youth when we don’t allow them the freedom to succeed and fail on their own.

Must Reads For The Week 6/2/18

Posted June 3, 2018 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , ,

Remember Filegate? Where The Clinton’s Promised Everyone That They Had Only Accidentally Been Looking Through FBI Files On Republicans? by John  Lott, at johnrlott.blogspot.com. Where these raw FBI files uses to blackmail people?

Atlanta Suburb Brags About Fines For Chipped Paint And Incorrectly Stacked Wood, at reason.com. It is not just the Federal Government that is tyrannical. Doraville Ga. is trying to balance its budget through fines and intimidation. Some residents are suing the city for violating their due process rights under the 14th amendment.

Trump Signs Orders Targeting Federal Workers, Union Activities, by Jonathan Allen, at nbcnews.com. Finally a politician with the balls to push back against out of control  federal employee unions. Public employee unions are helping bankrupt government at all levels.

How The Feds Use Transportation Funds To Spy On You, by Mike Maharrey, at mises.org. Is the Dept. of Homeland Security and the TSA building a nationwide surveillance network?

NAACP President In SC Says He Was Racially Profiled; Body Cam Video Shows Otherwise, by Tonya Brown, at wpde.com. I’ve posted many times about what I think are abuses of power by police. Here is an example of false accusations against the police.  And this follow-up. NAACP Now Investigating If Two Officers Took Part In Traffic Stop Of NAACP Leader, by Tonya Brown, at wpde.com.

BLM-Cheerleader Accuses Police Officer Of Sexual Assault, Body Cam Footage Proves Otherwise, at zerohedge.com. Another example of false accusations against police. Body cameras are a good idea. Just like citizens using their phones to film stops, is a good idea.

Caged Migrant Children Photo Goes Viral As Left Rages At Trump; Except It Happened Under Obama, at zerohedge.com. This is an example of the biased main stream media running with a story because it fits their narrative. The good thing about the internet is these fake news stories can be easily debunked. the MSM doesn’t have a monopoly on information anymore.

You Won’t Believe What McDonald’s Is Being Sued For Now.... at zerohdege.com. There are too many slip and fall lawyers looking for a payday.

The Marketplace – America’s Other Democracy, by Brian Balfour, at mises.org. Excerpt from the article: “Note the contrast between this “other” democracy versus the political democracy, which is rife with patronage peddling, pork barrel spending, taxes, corruption and waste. In the democracy of the marketplace, individuals strive to serve the needs of others in order to foster their own success. Compare that to political democracy, which tends “to give way to the tyranny of the status quo that gets to exploit the exploitable — you and your fellow citizens,

Free To Be A Socialist, by Walter E. Williams, at jewishworldreview.com. Excerpt from the article: “….young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.”

“Free market capitalism is disfavored by many Americans – and threatened – not because of its failure but, ironically, because of its success. Free market capitalism in America has been so successful in eliminating the traditional problems of mankind – such as disease, pestilence, hunger and gross poverty – that all other human problems appear both unbearable and inexcusable. The desire by many Americans to eliminate these so-called unbearable and inexcusable problems has led to the call for socialism”
“….socialism sounds great. It has always sounded great……It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster.”

John Oliver Is Wrong About Venezuela – It’s A Socialist Country, by Jose Nino, at mises.org. Venezuela is an example of the failure of socialism.

Drain The Swamp; Remove The Cancer, at economicnoise.com. Excerpt from the article: Much of he country still does not believe how corrupt their government is. To many, Trump is merely a baboon, not intelligent enough to properly manage government and not proper or politically correct enough to represent them.”

To the hoard of thieves inside the beltway, he is the million-to-one shot that could never happen. As such he is now a threat that cannot be tolerated. His tenure has already highlighted and uncovered inefficiencies and illegalities. And he is just getting started and beginning to focus on the really criminals stuff. Drain the swamp was a catchy campaign phrase but it was inaccurate in the sense that swamps do not metastasize. They can become more dangerous over time, but generally not become bigger. Washington is more like a cancer which does grow in size”

CARTOONS from therightreason.net

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Thomas Sowell: Discrimination and Disparities

Posted May 31, 2018 by austrianaddict
Categories: Econ. 101, Hall of Fame

Tags: ,

Thomas Sowell

Thomas Sowell is my favorite author. It was my great fortune to have stumbled upon his books in the mid 90’s. Dr Sowell has the ability to make complex concepts understandable to regular people like you and me. He digs into statistics from various studies and figures out what they reveal and what they do not reveal. He is an economist by trade. This background allows him to see discernible patterns that are hidden to most of us.

His writings have equipped me with a series of questions that I ask myself when confronted with any issue or anyone speaking about an issue. Here are the questions.

– Compared to what?

– At what cost?

-Is what is being compared, comparable?

– And then what?

– Numbers? In what context?

– Can someone be ethical while being political and can someone be unbiased while being an advocate?

– What is important is not what decision should be made? The real question is who is to make the decision? Through what process? Under what incentives and constraints? With what feedback mechanism?

If you remember these questions the chances of being fooled decreases exponentially.

DISCRIMINATION AND DISPARITIES

Although Dr. Sowell does not write his weekly column anymore, fortunately for us he is still writing books.

Dr. Sowell has written a new book titled “Discrimination and Disparities“. Dr. Sowell is being interviewed by Peter Robinson in this interview on Uncommon Knowledge. It will be a great investment of your time to listen to Dr. Sowell in this interview.

Here are some excerpts from the video:

“The fact that economic and other outcomes often differ greatly among individuals, groups, institutions and nations poses questions to which many people give very different answers. At one end of the spectrum…..The belief that those who have been less fortunate…..are genetically less capable. At the other end….. the belief that those less fortunate are victims of other people…..”

“Disparities can also reflect the plain fact that success in many kinds of endeavors depends on prerequisites peculiar to each endeavor and a relatively small differences in meeting those prerequisites can mean a very large difference in outcomes.”

“Professor Turman of Stanford did an empirical study where he picked something like 1500 people who had IQ’s in the top one percent. And he followed them for 50 years to see how they turned out…..The disparaties within that narrow range……the top third had more than ten times as many post grad degrees as the bottom third among people who were all in the top one percent. So there is obviously many other things that had to come together…..The other thing was that two people who failed to make the 140 IQ cut off ended up getting Nobel Prizes in physics, and nobody among the 1500 ever did. So obviously there has to be a lot of things that come together…..”

“The biggest differentiating factor in this study was family backgrounds. The ones who were in the top third came from families who were more educated. The ones who were in the bottom third had a parent who had dropped out of school before the eighth grade. So it doesn’t matter how much brain power you may have, if you are not raised in a home where people are thinking, where they’re doing intellectual things, you are not in the same position as someone with the same IQ who is in a family that has that kind of background. This blows the genetic argument is ruled out-of-bounds in terms of smarts. But so is the argument that anybody victimized them. The principle factors that accounted for success as opposed to failure was family background. That’s not really victimization, that’s a question of almost cosmic luck…. Too many observers….reason as if Intentions automatically translate directly into outcomes.”

The only times over which we have any degree of influence at all are the present and the future. Both of which can be made worse by attempts at symbolic restitution among the living for what happened among the dead who are far beyond our power to help or punish or avenge. Any serious consideration of the world as it is around us today must tell us that maintaining any common decency, much less peace and harmony among living contemporaries, is a major challenge both among nations and within nations. To admit that we can do nothing about what happened among the dead is not to give up the struggle for a better world, but to concentrate our efforts where they have at least some hope of making things better for the living.

 

Related Posts

Thomas Sowell: Wealth, Poverty and Politics, at austianaddict.com.

Thomas Sowell: “Economic Problems Don’t Have Political Solutions”, at austrianaddict.com.

Thomas Sowell: Vision Of The Anointed, at austrianaddict.com.

Thomas Sowell: The Economics And Politics Of Race, at austrianaddict.com.

Michelle Obama vs. Thomas Sowell On The Politics Of Race, at austrianaddict.com.

The ‘Disparate Impact’ Racket By Thomas Sowell, at austrianaddict.com.

Thomas Sowell: Human Capital More Important Than Physical Capital, at austrianaddict.com.

If you type Thomas Sowell in the search box you, will be treated to more of his writings.