Man is at his

Man is at his furthest remove from the animal as a child, his intellect most human. With his fifteenth year and puberty he comes astep closer to the animal; with the sense of possessions of his thirties (the median line between laziness and greediness), still another step. In his sixtieth year of life he frequently … Read more

Since 1994, unemployment rates

Since 1994, unemployment rates are lower. Median household income is higher. A greater percentage of Americans are graduating from college. Home ownership rates are higher. And the violent crime rate has decreased. Cliff Stearns

All the equity investors,

All the equity investors, in total, will surely bear a performance disadvantage per annum equal to the total croupiers’ costs they have jointly elected to bear. This is an inescapable fact of life. And it is also inescapable that exactly half of the investors will get a result below the median result after the croupiers’ … Read more

There is a small

There is a small minority of well-educated people with relatively sensible views on economics, and an extremely tiny minority of economists with highly sensible views. Then there’s everybody else. … To win, a politician needs to please the median voter. It makes little difference if a few thousand economists think you a fool. Bryan Caplan

I rolled the second

I rolled the second car that I ever owned, a Toyota 4 Runner. This was winter in Colorado, two weeks before the 2002 Olympic trials. I was driving in the outside lane, and my rear tire caught some black ice, and we totally turned sideways to the point where we were heading right toward the … Read more

The median family of

The median family of four … paid $4,722 in federal taxes last year. That’s enough to pay for a new curtain for the secretary of commerce’s office, to bribe a farmer not to plant 38 acres with corn … seven weeks of salary for a Customs man assigned to save us from the terror of … Read more