August 29, 2008 Rabbi Berel Wein: 20/20 sightlessness Caroline B. Glick: When history is not repeated JWisdom: Blessed or Cursed: It's Really Up to You by Rabbi Sroy Levitansky August 28, 2008 Steve Lipman: A Comeback for the 'Jewish Jordan' Jeffrey Weiss: Researcher reports 'intriguing' diabetes breakthrough August 27, 2008 Rabbi Zecharya Greenwald: Removing the perfectionist's mask The Kosher Gourmet by Emily Nunn: Summer harvest linguine JWisdom:: The Missing Link in Spiritual Life by Rabbi David Aaron August 26, 2008 Yaffa Ganz: Grandma gets lessons in staying cool Frank J. Gaffney, Jr.: The Dems' 'soft' jihadist JWisdom:: Today: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Plague of indifference August 25, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: A friend is bearing a silly grudge from a supposed wrong. What recourse do I have? 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Gaffney, Jr.: Obama's Islamist problem has nothing to do with his upbringing JWisdom: Think your life is messed up? by Rabbi David Aaron August 18, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: Business with Friends Diana West: Roars About Russia, Bare Whispers About Islam JWisdom: Relationship agony: The real cause by Malka Schulman August 15, 2008 Rabbi Abraham J. Twerski: To love the Divine Caroline B. Glick: Georgia, Israel, and the nature of man JWisdom: The Truly Righteous Don't Demand Entitlements by Rabbi Sroy Levitansky August 14, 2008 Rabbi Yonason Goldson: Confessions of broken spirit Libby Lazewnik: The Numbers Game JWisdom: Six Questions You'll Be Asked in Heaven? - Uh - Let's Just Take One for Now! by Gavriel Aryeh Sanders August 13, 2008 Jonathan Tobin: Georgia should be on their minds The Kosher Gourmet by Linda Gassenheimer: Go Greek: Pair flavorful lamb kebabs with a hearty salad JWisdom: Human hybrids aren't science fiction by Rabbi David Aaron August 12, 2008 Rabbi Avi Shafran: Bless us Daniel Pipes: The West's Islamist Infiltrators JWisdom: From Sadness to Gladness: The Route from Tisha b'Av to Rosh Hashana by Rabbi Mordechai Becher August 11, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir: A Jewish view on fair pricing Caroline B. 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Jewish World Review June 24, 2008 / 22 Sivan 5768 The imitators, Part II By Thomas Sowell http://www.JewishWorldReview.com | It must be a bitter disappointment to those in the media and in politics who have been dying to use the word "recession" that, for the second quarter in a row, there has been no downturn in the economy, though growth has been slow. Alarmists have been reduced to quoting other alarmists on the supposedly impending recession but that is still not the real thing. The definition of a "recession" is very clear and straightforward: Two consecutive quarters of negative growth. We have not yet had one consecutive quarter of negative growth. The fault-finding brigades of critics of the American economy and society are among the reasons why there is so much talk about how we ought to do things that are being done in Europe. We need to understand America first, before we start imitating Europe. The American economy produces the largest output in the world— more than Japan, Germany, and Great Britain combined. Measured by purchasing power, output per capita in the United States is the highest of any large nation. There are some very small places like Luxembourg or the Cayman Islands with higher purchasing power per capita but, as Professor Benjamin M. Friedman of Harvard put it, places like Luxembourg are "technically countries but are more like large suburbs." Luxembourg's total population is about the same as that of Long Beach, California. Wal-Mart has more employees than the total population of Luxembourg. Some other small places like the Cayman Islands are tax havens that attract the wealth of people who are not really Cayman Islanders. FREE SUBSCRIPTION TO INFLUENTIAL NEWSLETTER Every weekday NewsAndOpinion.com publishes what many in the media and Washington consider "must-reading". HUNDREDS of columnists and cartoonists regularly appear. Sign up for the daily update. It's free. Just click here. Among countries at all comparable to the United States in size or population, none has achieved as high an output per capita. New Jersey produces more than Egypt. California produces more than Canada or Mexico. Desperate efforts to depict all the prosperity and progress in the United States as being monopolized by "the rich" have led to all kinds of statistical mumbo jumbo, such as comparing the changing ratios between statistical categories over time and ignoring the fact that most of the people in those categories move from one category to another over the years. Studies that follow given individuals over time show the exact opposite of what is being said in the mainstream media and in politics. That is, most of the working people in the bottom fifth of the income distribution rise into the top half, and the rate of increase of their incomes is greater than that of most of the people initially in the top fifth. Those individuals in the top one percent, as of a given time, actually have an absolute decline in income over time. As they drop out of the top one percent, they are replaced by others, so the statistical category can be doing great, while the flesh-and-blood people who pass in and out of that category are by no means gaining on those further down the income distribution. None of this is rocket science. But most people in politics, in the media and in academia still insist on using statistics based on the fate of abstract categories over time— households, families, income brackets— even when other statistics, based on following specific individuals over time, are available. Households and families vary in size from group to group and are generally declining in size over time, but an individual always means one person. Income per household or family can be stagnant, or even declining, while income per person is rising. That has in fact been a general pattern in recent decades, which may be why the nay-sayers are forever citing household and family income statistics, while ignoring statistics on income per person. Amid a general undermining of American economic performance, it is hardly surprising that so many people think we should imitate what the Europeans are doing— whether in the economy, in foreign policy or in other areas. We can always learn particular things from other countries, whether in Europe, in Asia or elsewhere. But imitating Europeans when they are not doing as well as Americans makes no sense. Every weekday JewishWorldReview.com publishes what many 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

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