The Food and Drug Administration can make two types of errors. It can approve a drug that has dangerous unanticipated side effects, or it can reject or delay approval of a drug that is safe and effective. Let's look at these errors, because to err on the side of under- or over-caution is costly.
The Islamic State of Iraq and the Levant (ISIL), sometimes called ISIS or IS, is a Sunni extremist group that follows al-Qaida's anti-West ideology and sees a holy war against the West as a religious duty. With regard to nonbelievers, the Quran commands, "And kill them wherever you find them, and turn them out from where they have turned you out." The Quran contains many other verses that call for Muslim violence against nonbelievers for the sake of Islamic rule.
At a July fundraising event in Chicago, Mrs. Michelle Obama remarked, "So, yeah, there's too much money in politics. There's (sic) special interests that have too much influence." Sen. John McCain has been complaining for years that "there is too much money washing around political campaigns today." According to a 2012 Reuters poll, "Seventy-five percent of Americans feel there is too much money in politics." Let's think about money in politics, but first a few facts.
Though racial discrimination exists, it is nowhere near the barrier it once was. The relevant question is: How much of what we see today can be explained by racial discrimination? This is an important question because if we conclude that racial discrimination is the major cause of black problems when it isn't, then effective solutions will be elusive forever. To begin to get a handle on the answer, let's pull up a few historical facts about black Americans.
Page 1 of 1
According to a recent Fox News poll, 73 percent of Americans are dissatisfied with the direction of the country, up 20 points from 2012. Americans sense that there's a lot going wrong in our nation, but most don't have a clue about the true nature of our problem.
As I've documented in the past, many leftist teachers teach our youngsters to hate our country.
Last week's column discussed the political tradeoffs made by black politicians and civil rights organizations that condemn whole generations of black youngsters to failing schools (http://tinyurl.com/6mmlsf). Similar political tradeoffs in labor markets condemn many blacks, particularly black youths, to high rates of unemployment and reduced economic opportunities. Let's look at this, starting with a few historical facts.
Tradeoffs apply to our economic lives as well as our political lives. That means that getting more of one thing requires giving up something else. Let's look at some examples.
Every time there's a shooting tragedy, there are more calls for gun control.
Dishonesty, lying and cheating are not treated with the right amount of opprobrium in today's society. To gain an appreciation for the significance of honesty and trust, consider what our day-to-day lives would be like if we couldn't trust anyone. When we purchase a bottle of 100 pills from our pharmacist, how many of us bother to count the pills? We pull in to a gasoline station and pay $35 for 10 gallons of gasoline. How do we know for sure whether we in fact received 10 gallons instead of 9 3/4? You pay $7 for a ...
The new college academic year has begun, and unfortunately, so has student indoctrination.
No one can blame you if you start out in life poor, because how you start is not your fault. If you stay poor, however, it is your fault.
Here's a question: What is the true test of one's commitment to freedom of expression? Is it when one permits others to express ideas with which he agrees? Or is it when he permits others to express ideas he finds deeply offensive?
This week begins my 34th year serving on George Mason University's distinguished economics faculty.
Sometimes I wonder when black people will reject the patronizing insults of white progressives and their black handmaidens. After CNN's Piers Morgan's interview with the key witness in the George Zimmerman trial, he said: "Rachel Jeantel is not uneducated. She's a smart cookie."
Why is it that natural gas sells in the United States for $3.94 per 1,000 cubic feet and in Europe and Japan for $11.60 and $17, respectively?
One can't imagine the fear in the hearts of the parents of those nine black students who walked past shouting placard-carrying mobs as they entered Little Rock Central High School in 1957.
If we put ourselves into the shoes of racists who seek to sabotage black upward mobility, we couldn't develop a more effective agenda than that followed by civil rights organizations, black politicians, academics, liberals and the news media.
As if more evidence were needed about the tragedy of black education, Rachel Jeantel, a witness for the prosecution in the George Zimmerman murder trial, put a face on it for the nation to see.