Tag Archives: chicago

In The News: An Open and Shut Case

James Dixon stood accused of shooting police sergeant Richard Scanlon in the abdomen during a scuffle on Chicago’s south side.  James Dixon was guilty, right?  He did shoot sergeant Richard Scanlon, right? Here’s are some facts: (1) A neighbor called the … Continue reading

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Economics and Morals

Economics is defined as “the study of the use of scarce resources which have alternative uses” (Definition by Lionel Robbins quoted by Thomas Sowell, Basic Economics, p. 2). “What does ‘scarce’ mean? It means that what everybody wants adds up … Continue reading

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