Wednesday, April 08, 2009

Sowell On Today's 30s

One of my living heroes, the American journalist and economist Thomas Sowell, wrote a column a couple of days ago consisting of "random thoughts" -- aphoristic remarks about things as they now are. His points ran from the generality of:

"Perhaps the scariest aspect of our times is how many people think in talking points, rather than in terms of real world consequences."

To the specificity of:

"Barack Obama seems determined to repeat every disastrous mistake of the 1930s, at home and abroad. He has already repeated Herbert Hoover's policy of raising taxes on high income earners, FDR's policy of trying to micro-manage the economy, and Neville Chamberlain's policy of seeking dialogues with hostile nations while downplaying the dangers they represent."