Too "Complex"? (Thomas Sowell)

Townhall.com ^ | May 13, 2008 | Thomas Sowell

[jazusamo]

*PING*
Thomas Sowell

Recent columns
Success Is Built On Work Ethic
An Old Newness
The Economics of College: Part III

Please FReepmail me if you would like to be added to, or removed from, the Thomas Sowell ping list…

[Travis McGee]

Sowell slices to the heart in a few master strokes. Again.

[Little Pig]

I wonder if a gas station could sell gas with the taxes listed separately. Sure would be an eye-opener for the consumer.

[lesser_satan]

Sowell for POTUS. My god this man is a brilliant thinker.

[Billthedrill]

A Sowell BTT. Supply and demand. Huh. No wonder economics is called the “dismal science.” ;-)

[lawnguy]

The problem is not that supply and demand is such a complex explanation. The problem is that supply and demand is not an emotionally satisfying explanation. For that, you need melodrama, heroes and villains.

That is so true, and applies to so many issues.

Politicians feed off of this human need for melodrama, heroes and villains.

[AprilfromTexas]

for later

[jazusamo]

Does he ever! The Rats have to be hit over the head with this and hard.

[PA Engineer]

He nails it again.

[Gondring]

I haven’t seen the taxes listed separately on a gas pump in a LONG time. I loved when they did that.

[george76]

[Gondring]

The effects of speculators is also a factor, no?

[endthematrix]

How does the MSM put it?

Oh yeah, “Vice President Dick Cheney, former CEO of Halliburton...”

[Travis McGee]

Why doesn’t congress just pass a law, setting the price of gas? Problem solved!

[Billthedrill]

Oh, yeah. The good part is that sooner or later the speculators always get burned. The bad part is that the rest of us do too... :-(

[quintr]

anybody have the real number for federal tax on a gallon of gasoline?

[jazusamo]

Every time Hillary and Barak come off with their plans to tax big oil so the consumer doesn’t have to pay that should be flashed on the screen for all to see!

[jazusamo]

LOL! Yeah, that would solve it. :)

[george76]

Federal excise taxes 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel.

California 63.9 cents per gallon for gasoline and 72.0 cents per gallon for diesel.