A debt paid and a lesson learned. It may have been the best magazine cartoon – ever! Penguins are the only animals in tuxedos. Imagine an Antarctic ice cap with hundreds of tuxedoed penguins, and one penguin wearing a natty beret, a gold chain, sunglasses and a checkered vest while sporting a rhinestone-studded cigarette holder. A curious gaggle ... MORE
Showing posts with label wisdom. Show all posts
Showing posts with label wisdom. Show all posts
Barry Farber On The Perils Of Making On-Air Bets
A debt paid and a lesson learned. It may have been the best magazine cartoon – ever! Penguins are the only animals in tuxedos. Imagine an Antarctic ice cap with hundreds of tuxedoed penguins, and one penguin wearing a natty beret, a gold chain, sunglasses and a checkered vest while sporting a rhinestone-studded cigarette holder. A curious gaggle ... MOREThomas Sowell: Looking Back -- And Forward
More kicking the can. A hundred years ago, anyone who might have predicted in 1913 the
monumental, man-made catastrophes that would occur in the rest of the
20th century would have been considered warped, if not completely
mentally deranged. Who would have believed that the continent of Europe, which had not
had a major war in nearly a ... MOREThe Three Not So 'Wise Men Of Washington, D.C.
These politicians are cooking the books. Washington politicians are scaremongering that if no deal is reached between President Obama and congressional Republicans, taxes will go up on all of us January 1, when Bush tax rates expire. Nonsense. Most people have their taxes withheld gradually during the year. The president has the ... MORE
Thomas Sowell: Random Thoughts On The Passing Scene
Observations on life as it is. When I was growing up, an older member of the family used to say, "What you don't know would make a big book." Now that I am an older member of the family, I would say to anyone, "What you don't know would fill more books than the Encyclopedia Britannica." At least half of our society's troubles ... MORE
Walter E Williams: Difficult Economic Lessons
Sifting the objective from the subjective. One of the more difficult lessons to teach economics neophytes — and, many times, trained economists — is that economic theory cannot say anything definitive about subjective statements, such as what's better, good, bad or worse. Let's try a few examples to make the point. Cabernet sauvignon wine is ... MORE
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