Page 2 - Basic Economics News Today

 

Experience the intellectual prowess of Thomas Sowell through his seminal books, igniting critical thinking and sparking intellectual debates.

The problems of America's health care system can best be addressedthrough market-based solutions. The evidence indicates that undernational health insurance, the promise of coverage becomes healthrationing, access to universal coverage means delays in access tocare, official fairness yields to favoritism by officials, freedomof choice becomes coerced conformity, and democratic deliberationis replaced by bureaucratic decision-making.

Economic literacy

John Steele Gordon on “Maverick: A Biography of Thomas Sowell,” by Jason L. Riley.

Thirty timeless quotes from Thomas Sowell.

Today's Big Tech firms, like Facebook, Google, and Amazon, are stumbling, just like their predecessors.

Contrary to myth, businesses can't just set prices at whatever level they want

Thomas Sowell is the Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution. He writes on economics, history, social policy, ethnicity, and the history of ideas. His most recent book, Discrimination and Disparities (2018), gathers a wide array of empirical...

“After a year, Berlin’s experiment with rent control is a failure,” The Economist declared Tuesday. Meanwhile, rent control policies are once again gaining momentum in US cities. “Simply put, our neighbors are losing their homes because they cannot keep up with the rent,” said Minneapolis council member Jeremiah Ellison, an author of the city’s rent control proposal.