It is one of the great perversities of our age, perhaps the crowning one, that what was once condemned is now invited through the back door of the White House. Literally. On Nov. 10, Abu Mohammad al-Julani, freshly restyled as “President al-Sharaa” as if he were a boutique Damascus fragrance line, was ushered into the […]

The growth of science denialism in the 21st century can be seen in the mainstream media’s gleeful reaction to the death at 97 of James D. Watson (1928–2025), codiscoverer of the structure of DNA. Supposedly, the age of cancel culture is over. But nobody in the prestige press is apologizing for getting Watson fired in […]

This week, President Trump’s uncanny political instincts resulted in a near-unanimous congressional resolution forcing his administration, against its collective will, to release the Epstein files. Thirty-six hours before his impending loss, Trump announced on social media: “House Republicans should vote to release the Epstein files.” One imagines Trump murmuring, Now I’ve got them right where […]

It is a truth universally acknowledged that children in Britain have more miserable or wretched childhoods than any others in Europe. This is in large part because of the population’s growing incompetence in the art of living, but it is also almost traditional that the British do not like their children very much. By the […]

Here’s what they should do in the pending Obamacare subsidy fight.

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… is from page 88 of Thomas Sowell’s Compassion Versus Guilt, a 1987 collection of some of his popular essays; specifically, it’s from Sowell’s October 6th, 1986, column titled “Bogeyman Economics”:

According to bogeyman economics, monopolies are a constant threat to jack up prices and “exploit” the consumer. The irony is that far more anti-trust cases have been prosecuted against companies for lowering prices than for raising prices. When a more efficient company cuts prices and its competitors lose business because they cannot afford to do the same, that is when they turn to the feds.

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