A couple of the podcasters I listen to have recently quoted Thomas Sowell, who says that there are no solutions—only tradeoffs. Since catastrophic 2020, it’s clear that Sowell’s words have already been forgotten, and because this is an economics article, I’ll call out those—regardless of political affiliation—who’ve forgotten Sowell’s wise words. With the immigration issue raging, some have suggested that illegal immigrants should be able to gain citizenship via ‘service’ in the military. I’ll argue why that’s a good idea—and a bad one.
Read Full Article »