LATEST POSTS:
- The Comparator Test: Does Penn Apply the Same Standard?
- PragerU Salaries & Bonuses
- The David Pinsof Story
- Added Context to the Dennis Prager-Cedars Sinai Lawsuit
- The Criticism Was Right and It Did Nothing: Andrew Gelman, Seth Roberts, and the Limits of Being Correct
- What Andrew Gelman Doesn’t Write About
- Andrew Gelman: ‘Computer scientists today are like economists in the early 2000s and Freudian psychiatrists in the 1950s’
- Virtue Signaling and the Amy Wax case
- Revisiting Virtually You: The Dangerous Powers of the E-Personality
- The Great Delusion
- Why Do I Instinctively Dislike Erik Erikson?
- WSJ: The Uninvited Guest Who Crashed Our Family Vacation: My Mom’s AI Chatbot
- WEHT to Marc Weisblott?
- WEHT to Moxie aka Madison Slade?
- WEHT to Nicholas Polson’s Archive?
- Cohen Passes His Own Audit (V2)
- Andrew Gelman & the E-Personality
- ‘(1) “Do you think the culture of research has genuinely changed since the replication crisis became widely discussed, or has it mostly generated new compliance rituals around pre-registration and open data while leaving the underlying incentive structure intact?, (2) Regarding Columbia University, “is there a statistical or social scientific way of understanding how institutions lose the ability to accurately perceive their own situation?”’
- What a Public Audit Does (V4)
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Category Archives: Thomas Sowell
Tom Sowell’s Farewell Column
An excerpt: With all the advances of blacks over the years, nothing so brought home to me the social degeneration in black ghettos like a visit to a Harlem high school some years ago. When I looked out the window … Continue reading
Posted in Thomas Sowell
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The Housing Boom and Bust: Revised Edition by Thomas Sowell
Get the book here. People charged higher interest rates than average also have higher rates of payments, defaults and foreclosures. The market has accurately assessed the risks. (Pg. 6) From Pg. 16-17: While housing payments often made up more than … Continue reading
Posted in Economics, Real Estate, Thomas Sowell
Tagged boom and bust, conventional mortgages, lower mortgage, mortgage loan applicants, mortgage loan requirements, subprime mortgages
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Thomas Sowell On Dennis Prager’s Radio Show Today
Dennis Prager: “What role did Wall Street play in producing the current recession?” Sowell: “They played the role of suckers who bought mortgages that weren’t worth what they paid for them. “A system had been set up whereby the government … Continue reading
Posted in Dennis Prager, Thomas Sowell
Tagged Dennis Prager, financial institutions, house of cards, subprime loans, Thomas Sowell, wall street journal
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What Caused Our Recession?
On Dennis Prager’s radio show today, economist Tom Sowell said: “What got us into this was that mortgages started to default and there was a whole domino effect going through the whole financial system because people had bought these mortgage-backed … Continue reading
Posted in Dennis Prager, Race, Thomas Sowell
Tagged chris dodd, Dennis Prager, fannie mae and freddie mac, fha loans, mortgage backed securities, tom sowell
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Why The Housing Boom Went Bust
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. He writes that "the idea that lenders would be offended by receiving monthly mortgage payment checks in the mail from blacks should at least give … Continue reading
Posted in Economics, Thomas Sowell
Tagged boom and bust, checks in the mail, community reinvestment act, community reinvestment act of 1977, economist thomas sowell, Thomas Sowell
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Economist Tom Sowell On Dennis Prager’s Radio Show
Dennis: "I am about to speak about one of the clearest thinkers living. One of the top five…" "Allen Estrin, my producer, said America would be different if every college kid read this book. "The first edition of Applied Economics, … Continue reading
Posted in Dennis Prager, Happiness, Politics, Thomas Sowell
Tagged college kid, Dennis Prager, john kerry, national security threat, profound commitment, radio show, senator john kerry, stage one, thinkers, tom sowell
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