1380: Thomas Sowell – Women & Higher Education

Women in most countries are going on to higher education in numbers comparable to men—and, in some countries, more often than men. In Japan there are 90 women enrolled in higher education for every 100 men, in the United States 140 women for every 100 men and, in Sweden, 150 women for every 100 men. There is no question that the sexes have often been treated differently [with regards to education]. But few societies today have such severe restrictions on the education of girls, at least not in the Western world. —Thomas SowellDownload Print Quality (7680×4020) 206KB  |  Normal Quality (3840×2010) 119KB
Women in most countries are going on to higher education in numbers comparable to men—and, in some countries, more often than men. In Japan there are 90 women enrolled in higher education for every 100 men, in the United States 140 women for every 100 men and, in Sweden, 150 women for every 100 men. There is no question that the sexes have often been treated differently [with regards to education]. But few societies today have such severe restrictions on the education of girls, at least not in the Western world. —Thomas SowellDownload Print Quality (7680×7680) 327KB  |  Normal Quality (3840×3840) 300KB

Women in most countries are going on to higher education in numbers comparable to men—and, in some countries, more often than men. In Japan there are 90 women enrolled in higher education for every 100 men, in the United States 140 women for every 100 men and, in Sweden, 150 women for every 100 men. There is no question that the sexes have often been treated differently [with regards to education]. But few societies today have such severe restrictions on the education of girls, at least not in the Western world. —Thomas Sowell

1379: Thomas Sowell – Confusing Victimhood with Virtue

[People] often make the fatal error of confusing victimhood with virtue
[They] line up on the side of the victim, instead of lining up on the side of a moral principle. Yet nothing has been more common in history than for victims to become oppressors when they gain power —Thomas Sowell, Race and Culture: A World ViewDownload Print Quality (3840×2010) 7.66MB  |  Normal Quality (1920×1005) 328KB
[People] often make the fatal error of confusing victimhood with virtue
[They] line up on the side of the victim, instead of lining up on the side of a moral principle. Yet nothing has been more common in history than for victims to become oppressors when they gain power —Thomas Sowell, Race and Culture: A World ViewDownload Print Quality (3840×2744) 10.49MB  |  Normal Quality (1920×1372) 454KB

“[People] often make the fatal error of confusing victimhood with virtue
[They] line up on the side of the victim, instead of lining up on the side of a moral principle. Yet nothing has been more common in history than for victims to become oppressors when they gain power” —Thomas Sowell, Race and Culture: A World View

1378: Thomas Sowell – Government Planning

“Planning” in political rhetoric is the government’s suppression of other people’s plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others. —Thomas SowellDownload Print Quality (3840×2010) 2.68MB  |  Normal Quality (1920×1005) 210KB
“Planning” in political rhetoric is the government’s suppression of other people’s plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others. —Thomas SowellDownload Print Quality (3840×2744) 3.66MB  |  Normal Quality (1920×1372) 272KB

“Planning” in political rhetoric is the government’s suppression of other people’s plans by superimposing on them a collective plan, created by third parties, armed with the power of government and exempted from paying the costs that these collective plans impose on others. —Thomas Sowell

1377: Thomas Sowell – Unaffordable Housing

San Francisco Bay Area has one of the most expensive housing markets in the nation. However, as recently as 1970, Bay Area housing was affordable.
Data from the 1970 census shows that a Bay Area family could dedicate 25% to housing and pay off their mortgage in just 13 years. By 1980, a family had to spend 40% of their income to pay off a home mortgage in 30 years; today, it requires 50%. It is precisely government intervention in housing markets which has made previously affordable housing unaffordable. Both the history and the economics of housing show this. —Thomas SowellDownload Print Quality (7680×4020) 221KB  |  Normal Quality (3840×2010) 127KB
San Francisco Bay Area has one of the most expensive housing markets in the nation. However, as recently as 1970, Bay Area housing was affordable.
Data from the 1970 census shows that a Bay Area family could dedicate 25% to housing and pay off their mortgage in just 13 years. By 1980, a family had to spend 40% of their income to pay off a home mortgage in 30 years; today, it requires 50%. It is precisely government intervention in housing markets which has made previously affordable housing unaffordable. Both the history and the economics of housing show this. —Thomas SowellDownload Print Quality (7680×7680) 359KB  |  Normal Quality (3840×3840) 331KB

San Francisco Bay Area has one of the most expensive housing markets in the nation. However, as recently as 1970, Bay Area housing was affordable.
Data from the 1970 census shows that a Bay Area family could dedicate 25% to housing and pay off their mortgage in just 13 years. By 1980, a family had to spend 40% of their income to pay off a home mortgage in 30 years; today, it requires 50%. It is precisely government intervention in housing markets which has made previously affordable housing unaffordable. Both the history and the economics of housing show this. —Thomas Sowell

1376: Thomas Sowell – Rent Control Laws

In Australia, not a single apartment building was built in Melbourne for years after World War II because of rent control laws. In a number of Massachusetts communities, no rental housing was built for a quarter of a century, until the state banned local rent control laws, after which building resumed. The lower rate of return on investments in new buildings causes fewer of them to be built. —Thomas SowellDownload Print Quality (7680×4020) 198KB  |  Normal Quality (3840×2010) 111KB
In Australia, not a single apartment building was built in Melbourne for years after World War II because of rent control laws. In a number of Massachusetts communities, no rental housing was built for a quarter of a century, until the state banned local rent control laws, after which building resumed. The lower rate of return on investments in new buildings causes fewer of them to be built. —Thomas SowellDownload Print Quality (7680×7680) 298KB  |  Normal Quality (3840×3840) 278KB

In Australia, not a single apartment building was built in Melbourne for years after World War II because of rent control laws. In a number of Massachusetts communities, no rental housing was built for a quarter of a century, until the state banned local rent control laws, after which building resumed. The lower rate of return on investments in new buildings causes fewer of them to be built. —Thomas Sowell

1375: Murray Rothbard – Man Cannot Live as a Parasite

The man who seizes another's property is living in basic contradiction to his own nature as a man. For man can only live and prosper by his own production and exchange of products. The aggressor, on the other hand, is not a producer at all but a predator; he lives parasitically off the labor and product of others. Parasites must have non-parasites to feed upon. The parasite depends completely on the production of the host body. Any increase in coercive exploitation (parasitism) decreases the quantity and the output of the producers, until finally, if the producers die out, the parasites will quickly follow suit. Thus, parasitism cannot be a universal ethic. —Murray RothbardDownload Print Quality (7680×4020) 216KB  |  Normal Quality (3840×2010) 139KB
The man who seizes another's property is living in basic contradiction to his own nature as a man. For man can only live and prosper by his own production and exchange of products. The aggressor, on the other hand, is not a producer at all but a predator; he lives parasitically off the labor and product of others. Parasites must have non-parasites to feed upon. The parasite depends completely on the production of the host body. Any increase in coercive exploitation (parasitism) decreases the quantity and the output of the producers, until finally, if the producers die out, the parasites will quickly follow suit. Thus, parasitism cannot be a universal ethic. —Murray RothbardDownload Print Quality (6146×7680) 282KB  |  Normal Quality (3073×3840) 158KB

The man who seizes another’s property is living in basic contradiction to his own nature as a man. For man can only live and prosper by his own production and exchange of products. The aggressor, on the other hand, is not a producer at all but a predator; he lives parasitically off the labor and product of others. Parasites must have non-parasites to feed upon. The parasite depends completely on the production of the host body. Any increase in coercive exploitation (parasitism) decreases the quantity and the output of the producers, until finally, if the producers die out, the parasites will quickly follow suit. Thus, parasitism cannot be a universal ethic. —Murray Rothbard

1374: Walter Block – Youth Unemployment & Minimum Wage

In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010Download Print Quality (7680×4020) 214KB  |  Normal Quality (3840×2010) 115KB
In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010Download Print Quality (7680×7680) 309KB  |  Normal Quality (3840×3840) 284KB

In 1948, white teenage unemployment in the U.S. was 10.2%, while black teenage unemployment was only 9.4%. This was when the effective minimum wage rate was much lower. Today, in a much less discriminatory epoch, but where teenagers are “protected” by a more stringent minimum wage law, white youth unemployment is 13.9%, while black youth unemployment is an astounding and shameful 33.5%. —Walter Block, The Case for Discrimination, 2010

1373: Walter Block – Against Legalizing Drugs

It is sometimes argued that one of the benefits of legalizing addictive drugs is that they could be taxed, and the government revenues enhanced. From this perspective, this would be the only valid case against legalization. —Walter BlockDownload Print Quality (3840×2010) 5.27MB  |  Normal Quality (1920×1005) 277KB
It is sometimes argued that one of the benefits of legalizing addictive drugs is that they could be taxed, and the government revenues enhanced. From this perspective, this would be the only valid case against legalization. —Walter BlockDownload Print Quality (3840×2744) 7.32MB  |  Normal Quality (1920×1372) 371KB

It is sometimes argued that one of the benefits of legalizing addictive drugs is that they could be taxed, and the government revenues enhanced. From this perspective, this would be the only valid case against legalization. —Walter Block

1372: Antony Davies – The Humans Who Work in Government

The faith that people unthinkingly place in government to accomplish goals is at the same time faith in the people who work in government. But people who work in government are no more knowledgeable, capable, motivated, or well-intentioned than their counterparts outside of government. Humans who work in government are the very same kinds of humans as those who don’t, and they are subject to all the same motivations like everyone else. So many people miss this fundamental point in so many ways that it is mind-boggling. —Antony DaviesDownload Print Quality (7680×4020) 235KB  |  Normal Quality (3840×2010) 124KB
The faith that people unthinkingly place in government to accomplish goals is at the same time faith in the people who work in government. But people who work in government are no more knowledgeable, capable, motivated, or well-intentioned than their counterparts outside of government. Humans who work in government are the very same kinds of humans as those who don’t, and they are subject to all the same motivations like everyone else. So many people miss this fundamental point in so many ways that it is mind-boggling. —Antony DaviesDownload Print Quality (6000×7680) 279KB  |  Normal Quality (3000×3840) 141KB

The faith that people unthinkingly place in government to accomplish goals is at the same time faith in the people who work in government. But people who work in government are no more knowledgeable, capable, motivated, or well-intentioned than their counterparts outside of government. Humans who work in government are the very same kinds of humans as those who don’t, and they are subject to all the same motivations like everyone else. So many people miss this fundamental point in so many ways that it is mind-boggling. —Antony Davies

1370: Mary Ruwart – Slow Drug Approval in America

By the mid-1980s, 72% of new drugs approved by the FDA had already been available elsewhere for an average of 5.5 years. One new drug that came late to the American market was Propranolol, the first beta-blocker to be used extensively to treat angina and hypertension. Approximately 30,000 Americans died prematurely because they couldn’t get this lifesaving drug and because their doctors did not prescribe it. Advertising Propranolol as a treatment was illegal. —Mary RuwartDownload Print Quality (7680×4020) 239KB  |  Normal Quality (3840×2010) 132KB
By the mid-1980s, 72% of new drugs approved by the FDA had already been available elsewhere for an average of 5.5 years. One new drug that came late to the American market was Propranolol, the first beta-blocker to be used extensively to treat angina and hypertension. Approximately 30,000 Americans died prematurely because they couldn’t get this lifesaving drug and because their doctors did not prescribe it. Advertising Propranolol as a treatment was illegal. —Mary RuwartDownload Print Quality (7680×7680) 347KB  |  Normal Quality (3840×3840) 322KB

By the mid-1980s, 72% of new drugs approved by the FDA had already been available elsewhere for an average of 5.5 years. One new drug that came late to the American market was Propranolol, the first beta-blocker to be used extensively to treat angina and hypertension. Approximately 30,000 Americans died prematurely because they couldn’t get this lifesaving drug and because their doctors did not prescribe it. Advertising Propranolol as a treatment was illegal. —Mary Ruwart