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Randomizing

Random thoughts from  Thomas Sowell - all good, but especially these:

How can you be an "insurgent" in someone else's country? Yet despite the fact that the wave of terrorism in Iraq is led by an outside terrorist who is murdering Iraqis, our media still calls his terror campaign an "insurgency."

Time and again, over the centuries, price controls have produced three things: shortages, quality deterioration and black markets. Why would anyone want any of those things with pharmaceutical drugs?

 

If the government gave a $5,000 subsidy to anyone who buys an automobile, do you doubt that the price of automobiles would go up -- perhaps by $5,000? Why then does no one see any connection between government subsidies to college students and rising tuition?

On that last point, does anybody else see a similar relationship between Medicare spending and medical costs?  Which is the dog and which is the tail?

Posted by Doug Murray at 04:03 PM Feb 22, 2005 | Permalink

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