Tag Archives: Thomas Sowell

Economist Thomas Sowell Publishes New New Book – Economic Facts and Fallacies: Second Edition

Here’s the new book on Amazon.com. Dr. Tom Sowell was on Dennis Prager’s radio show today. Dennis: “Are we headed towards Greece [style bankruptcy]?” Tom: “Yes.” “The debt ceiling has not limited debt. It provides political cover for presidents to … Continue reading

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Reasons For The Texan Economic Boom

How is the real estate market different in Texas than in California? Well, much of California’s land, particularly by the coast, is off-limits to development. With less land available to develop, land prices in California have skyrocketed over the past … Continue reading

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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

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A Man’s Opinions

On Dennis Prager’s show Jan. 5, Alison Armstrong said: “A man’s safety lies in his productivity, his ability to produce results. If a man is trusted and respected, he has the biggest access to productivity. You’ll bring out the worst … Continue reading

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The Housing Boom And Bust

I’ve been blogging about mortgage refinance for a couple of years, strongly influenced by my free market economics background at UCLA and by this 2009 book by Stanford economist Thomas Sowell: Did You Hear About The 89-Square Foot House? Home … Continue reading

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Do Banks Discriminate Against White People?

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. For more than a decade, US newspapers have editorialized that banks are more conservative than they should be about lending money to blacks. The current … Continue reading

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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

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Why Does Real Estate Cost So Much In Coastal California?

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading

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The Housing Boom

Check out the book on Amazon.com. Economist Thomas Sowell appeared on Dennis Prager’s radio show May 27: Tom: If the results weren’t so serious, all this would make a great Gilbert & Sullivan musical, with all the mutually contradictory statements … Continue reading

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