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Posted on 03/25/2005 2:37:30 PM PST by blakep
BLACK REDNECKS AND WHITE LIBERALS.
Can't wait to get this one! Comes out next month!!
I guess you can say that "people of color" in New York are much more "traditional" dare I say "normal" than their white counterparts in the same city.
If you want on (or off) of my black conservative ping list, please let me know via FREEPmail. (And no, you don't have to be black to be on the list!)
Extra warning: this is a high-volume ping list.
Why is this? Olive Garden and Applebees are very popular where I am, but then again I'm in Kansas City. Having lived on the east coast, I realize there is a big cultural difference between there and the midwest.
Thomas Sowell bump.
2. With so many outstanding independent restaurants (both low-cost & expensive), what's the point of going to the chains?
BTW: I always have a problem in KC, as my clients insist on barbecue all the time (not my thing).
Sowell is a truly great mind and courageous, independent thinker. I am looking forward to his new book.
Beats me ... you know it's almost impossible to teach poor, minority, or non-English-speaking kids anything (/sarcasm)
I seem to recall Thomas Sowell was born here in North Carolina, and moved to New York as young boy, 6-8 years old. I'll have to google!
Sure enough - born in Gastonia, which was then a small town 10-15 miles off the west side of Charlotte, and then I think he lived in Charlotte before moving to New York.
Well, for starters, they didn't have the curriculum in place to undermine patriotism and the family structure as they do now.
Separate youth from their traditional values, and you can mold them into anything you want.
Chapter 3, "Price Controls" To understand the effects of price control, it is necessary to understand how prices rise and fall in a free market. There is nothing esoteric about it, but it is important to be very clear about what happens. Prices rise because the amount demanded exceeds the amount supplied at existing prices. Prices fall because the amount supplied exceeds the amount demanded at existing prices. The first case is called a "shortage" and the second is called a "surplus"--but both depend on existing prices. Simple as this might seem, it is often misunderstood--sometimes with disastrous consequences. A closer examination shows why shortages persist when the government sets a maximum price lower than what it would be in a free market and why a surplus persists when the government sets minimum prices for farm products higher than these prices would be in a free market.
When there is a "shortage" of a product, there is not necessarily any less of it, either absolutely or relative to the number of consumers. During and immediately after the Second World War, for example, there was a very serious housing shortage in the United States, even though the population and the housing supply had both increased about 10 percent from their prewar levels and there was no shortage when the war began. In other words, even though the ratio between housing and people had not changed, nevertheless many Americans looking for an apartment during this period had to spend weeks or months in an often vain search for a place to live, or else resorted to bribes to get landlords to move them to the top of waiting lists. Meanwhile, they doubled up with relatives, slept in garages or used other makeshift living arrangements. Although there was no less housing space per person than before, the shortage was very real at existing prices, which were kept artificially lower than they would have been because of rent control laws that had been passed during the war. At these artificially low prices, more people had a demand for more housing space than before rent control laws were enacted. This is a practical consequence of the simple economic principle already noted in Chapter 2 that the quantity demanded varies with how high or low the price is. Some people who would normally not be renting their own apartments, such as young adults still living with their parents or some single or widowed elderly people living with relatives, were enabled by the artificially low prices created by rent control to move out and into their own apartments. These artificially low prices also caused others to seek larger apartments than they would ordinarily be living in. More tenants seeking both more apartments and larger apartments created a shortage, not any greater physical scarcity of housing relative to the population. When rent control laws expired or were repealed, the housing shortage likewise quickly disappeared. As rents rose in a free market, some childless couples living in four-bedroom apartments decided that they could live in two-bedroom apartments. Some late teenagers decided that they could continue living with mom and dad a little longer, until their pay rose enough for them to afford their own apartments, now that apartments were no longer artificially cheap. The net result was that families looking for a place to stay found more places available, now that rent-control laws were no longer keeping such places occupied by people with less urgent requirements. None of this was peculiar to the United States. The same economic principles can be seen in operation around the world and down through history.
-------> Also see: "An ancient fallacy" HERE and "Perennial economic fallacies"HERE. _______________________________________
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the other shoe to drop. That other shoe is usually 'price control.' So it was no great surprise to discover, after the electric power shortage in California made headlines, that there were price controls holding down the price of electricity to the consumers." -- Dr. Thomas Sowell "People with a basic knowledge of economics would understand "One of the most important reasons for studying history is that "When Western countries in the past were as poor as Third World "One of [Reagan's] first acts as President was to end price controls on "Asking liberals where wages and prices come from is like asking "People who are very aware that they have more knowledge than the |
Damn straight!
ROFL. The social justice cabbage patch, of course.
Olive Garden=yum; Applebee's=yuck
Have to go there from rare occasion to rare occasion. Recommendations, please?? Pretty please?
Oh really??? I always thought it was Nancy "the stork" Pelosi.
Eastern snobbery is its own reward.
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