July 3, 2008 Rabbi Dr. Abraham J. Twerski: A spiritual budget (TOUCHING!) Jeff Jacoby: Israel still paying for its defeat JWisdom:: Re-Jew-venating prayer, Part IV by Rabbi David Aaron July 2, 2008 Jonathan Tobin: Appeasers Make Poor Patriots The Kosher Gourmet By Kathleen Purvis: Slaw, y'all: For BBQs or Sabbath dinner, these southern recipes are something else! JWisdom:: Rabbi Mordechai Becher: Jewish Rx for A Simpler Life July 1, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: Q. I think it's important to leave a legacy to my children. How much should I save towards this end? Paul Greenberg:A President who is history deficient? JWisdom:: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Poland's Unique Antisemitism June 30, 2008 Jonathan Rosenblum: Remembering the architect of Torah Judaism for the modern world Abe Novick: Hulk: Still a Jew? JWisdom: : Putting the Spirit Back into Spirituality, Part 2: The Abandoned Child June 26, 2008 Rabbi Abraham J. Twerski: Quantum leap to evil Caroline B. Glick: Victimized families must not be allowed to dictate policy June 25, 2008 Rabbi Yonason Goldson: Today in Biblical History: King Jeroboam of Israel prevents pilgrimage to Jerusalem Jonathan Tobin: Real Friends and Real Enemies JWisdom: Raping of reason By Rabbi Sroy Levitansky June 25, 2008 Steven Emerson: Kristof: Never Mind the Terrorists Stratfor Intelligence Briefing: Mediterranean Flyover: Telegraphing an Israeli Punch? JWisdom: Rabbi David Aaron: Re-Jew-venating prayer, Part III June 24, 2008 Caroline B. Glick: What were they thinking!? Frank J. Gaffney, Jr.: Guilty knowledge JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Warping Innocence June 23, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: Diploma dilemma Jeff Jacoby: A world without children JWisdom: Rabbi Dovid Gross: Putting the Spirit Back into Spirituality --- Introduction June 20, 2008 Rabbi A. Henach Leibowitz: Man: The Crowning Glory of Creation Caroline B. Glick: Israel's darkest week JWisdom: We aren't worthy? by Rabbi Sroy Levitansky June 19, 2008 Rabbi Elazar Meisels: The saints who don't come marchin' in Chris Christoff: Muslim woman demands an apology from Obama after camera snub June 18, 2008 Jonathan Tobin: Still Dancing Around Jerusalem The Kosher Gourmet by Steve Petusevsky: Chilled fruit and vegetable soups JWisdom: Souls Need A Check Up? by Rabbi Mordechai Becher June 17, 2008 Rabbi Avi Shafran: Baby Einstein Caroline B. Glick: Bush's rhetoric, Bush's policies JWisdom: Re-Jew-venating prayer, Part II by Rabbi David Aaron June 16, 2008 Varda Branfman: Bob Dylan, won't you please come home? Diana West: Academic dares to question the 'religion of peace' JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Positive Backfire June 13, 2008 Rabbi Berel Wein: Trading manna for whine Caroline B. Glick: Peace with friends JWisdom: From the mouths of … by Rabbi Sroy Levitansky June 12, 2008 Michael Feldberg: Meet Paul Revere's pal, the Orthodox Jew who played a key role in laying Boston's cultural and business infrastructure The Kosher Gourmet by Kathy Manweiler: No need to be tempted by Wendy's mandarin chicken salad JWisdom: Re-Jew-venating prayer, Part I by Rabbi David Aaron June 11, 2008 Rabbi Avi Shafran: What would Hillel say? Jonathan Tobin: UNRWA and NGOs: The Real U.N. 'Insult' JWisdom: Sara Yoheved Rigler: Greatness Made Simple: How a momentary decision shifted life's course and destination June 6, 2008 Rabbi Pinchas Stolper: Revelation: The basis of faith Binyamin L. Jolkovsky: Mere hours after becoming Israel's new 'best friend' Obama backtracks on status of Jerusalem Caroline B. Glick: UN choosing to protect rogue nuclear programs JWisdom: Sameness in difference by Rabbi Sroy Levitansky June 5, 2008 David Lightman: Now Obama wants to be Israel's newest 'best friend' Obama's remarks to AIPAC policy conference The Kosher Gourmet By Ethel G. Hofman: Shavous cuisine: Ruby Fruit Soup, Lokshen Kugel with Cheese, Key Lime Curd, Calsone Casserole Frittata with Wild Mushrooms, Sun-dried tomatoes and Olives, Baked Tilapia with Pepper Cheese Cream and Brown Sugar Shortbread JWisdom: Why a Jewish Jerusalem makes so many nervous by Rabbi Mordechai Becher June 4, 2008 Jonathan Rosenblum: A different sort of 'religious broadcaster' Jonathan Tobin: Misgivings on the Road to Damascus JWisdom: 44 Years Without An Argument? by Sara Yoheved Rigler June 3, 2008 Daniel Pipes: Obama vs. McCain on the Middle East Everything's Relative: There is a crisis growing in Orthodox synagogues worldwide, reveals Jordan "Gorf" Gorfinkel JWisdom: White Facades; Black Secrets by Rabbi Mordechai Becher June 2, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: Lie to outsmart discriminator? He writes the songs that make our souls sing:Gavriel Aryeh Sanders interviews Jewish music legend Ben Zion Shenker; includes stirring, uplifting song JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Of laws and lives March 22, 2007 J-Rhythms with Avraham Rosenblum: JWR's cutting-edge music program showcasing performers -- singers, song writers, musicians, and bands -- who learn and live the Torah lifestyle (OUR NEWEST IGODCAST !) Oct. 29, 2003 Mortimer B. Zuckerman: Graffiti On History's Walls (MUST-READ!)

Jewish World Review Jan. 23, 2007 / 4 Shevat, 5767 The “Greed” fallacy By Thomas Sowell http://www.JewishWorldReview.com | In an era when our media and even our education system exalt emotions, while ignoring facts and logic, perhaps we should not be surprised that so many people explain economics by "greed." Today there are adults — including educated adults — who explain multimillion-dollar corporate executives' salaries as being due to "greed." Think about it: I could become so greedy that I wanted a fortune twice the size of Bill Gates' — but this greed would not increase my income by one cent. If you want to explain why some people have astronomical incomes, it cannot be simply because of their own desires — whether "greedy" or not — but because of what other people are willing to pay them. The real question, then, is: Why do other people choose to pay corporate executives so much? One popular explanation is that executive salaries are set by boards of directors who are spending the stockholders' money and do not care that they are overpaying a CEO, who may be the one responsible for putting them on the board of directors in the first place. It makes a neat picture and may even be true in some cases. What deals a body blow to this theory, however, is that CEO compensation is even higher in corporations owned by a few giant investment firms, as distinguished from corporations owned by thousands of individual stockholders. In other words, it is precisely where people are spending their own money and have financial expertise that they bid highest for CEOs. It is precisely where people most fully understand the difference that the right CEO can make in a corporation's profitability that they are willing to bid what it takes to get the executive they want. If people who are capable of being outstanding executives were a dime a dozen, nobody would pay eleven cents a dozen for them. Many observers who say that they cannot understand how anyone can be worth $100 million a year do not realize that it is not necessary that they understand it, since it is not their money. All of us have thousands of things happening around us that we do not understand. We use computers all the time but most of us could not build a computer if our life depended on it — and those few individuals who could probably couldn't grow orchids or train horses. In short, we all have grossly inadequate knowledge in other people's specialties. The idea that everything must "justify itself before the bar of reason" goes back at least as far as the 18th century. But that just makes it a candidate for the longest-running fallacy in the world. Given the high degree of specialization in a modern economy, demanding that everything "justify itself before the bar of reason" means demanding that people who know what they are doing must be subject to the veto of people who don't have a clue about the decisions that they are second-guessing. It means demanding that ignorance override knowledge. The ignorant are not just some separate group of people. As Will Rogers said, everybody is ignorant, but just about different things. Should computer experts tell brain surgeons how to do their job? Or horse trainers tell either of them what to do? One of the reasons why central planning sounds so good, but has failed so badly that even socialist and communist governments finally abandoned the idea by the end of the 20th century, is that nobody knows enough to second guess everybody else. Every time oil prices shoot up, there are cries of "greed" and demands by politicians for an investigation of collusion by Big Oil. There have been more than a dozen investigations of oil companies over the years, and none of them has turned up the collusion that is supposed to be responsible for high gas prices. Now that oil prices have dropped big time, does that mean that oil companies have lost their "greed"? Or could it all be supply and demand — a cause and effect explanation that seems to be harder for some people to understand than emotions like "greed"? Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. Comment on JWR contributor Thomas Sowell's column by clicking here. Thomas Sowell Archives © 2006, Creators Syndicate

Mitch Albom  Michael Barone   Dave Barry  Tony Blankley  Andy Borowitz  David Broder  Stratfor Briefing  Mona Charen  Linda Chavez  Ann Coulter  Greg Crosby  Rod Dreher  Larry Elder  Suzanne Fields  John Fund  Frank J. Gaffney  Lloyd Garver  Jonah Goldberg  Michael Goodwin  Julia Gorin  Jonathan Gurwitz  Paul Greenberg  Victor Davis Hanson  Betsy Hart  Nat Hentoff  David Horowitz  Laura Ingraham  Jeff Jacoby  Paul Johnson  Jack Kelly  James Klurfeld  Ed Koch  Ch. Krauthammer  Jonathan Last  Michael Ledeen  John Leo  David Limbaugh  Kathryn Lopez  Rich Lowry  Michelle Malkin  Jackie Mason  The Medicine Men  Dick Morris  Bill O'Reilly  Clarence Page  Kathleen Parker  Dennis Prager  Wesley Pruden  Tom Purcell  Jonathan Rauch  Celia Rivenbark  Robert Robb  Cokie & Steve Roberts  Pat Sajak  Debra J. Saunders  Culture Shlock  Roger Simon  Michael Smerconish  Thomas Sowell  Mark Steyn  John Stossel  Cal Thomas  Jonathan Tobin  Bob Tyrrell  Diana West  Dave Weinbaum  George Will  Walter Williams  Mort Zuckerman  Robert Arial  Chuck Asay  Chip Bok  Dry Bones   Lisa Benson  John Branch  Gary Brookins  John Cole  Paul Combs  J. D. Crowe  John Deering  Brian Duffy  Everything's Relative  Mallard Fillmore  Jake Fuller  Bob Gorrel  Joe Heller  David Hitch  Jerry Holber  Steve Kelley  Jeff Koterba  Dick Locher  Chan Lowe  Ranan R. Lurie  Jimmy Margulies  Rick McKee  Michael Ramirez  Jeff Stahler  Danna Summers  John Trever  Gary Varvel  Kirk Walters  How 2  Know-It-All  Lori Borgman  The Savvy Consumer  Elder matters  Fixit  Dr. Peter Gott  Marybeth Hicks  GET A JOB! by Marty Nemko  Richard Lederer  Tech Maven  Nutrition Myths  Supermarket Shopper  Bruce Williams  How Stuff Works