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May 14, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Snitching to the IRS

The Kosher Gourmet by Jill Wendholt Silva: Spring greens with fennel and herbs

JWisdom: A Righteous Gentile by Rabbi Mordechai Becher

May 13, 2008

Jonathan Mark: For pro-Israel voters, Obama's middle name should be the least of their concerns

Frank J. Gaffney, Jr.: The Leaker Shield Act

JWisdom: Why You & I Never Die: A Jewish View of Immortality, Part II by Rabbi David Aaron

May 12, 2008

Chosen Words: A newsletter for personal and spiritual growth gleaned from classic biblical and other sources that will help you enhance your day to day life. Likely the most constructive three minutes you will spend today

Mark Steyn: Israel's 'doom' could also be Europe's

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: When Faith Meets Fate, Part One

May 9, 2008

Rabbi Abraham J. Twerski: Reverence, Yes; Worship, No

Mona Charen: Did Israel Drive Out the Arabs 60 Years Ago?

JWisdom: Ultimate opportunities by Rabbi Sroy Levitansky

May 8, 2008

Rabbi Nathan Lopes Cardozo: Israel at 3,500+

Jonathan Tobin: Still Fighting the Same War

Steven Plaut: How ‘nakba’ proves the fiction of a Palestinian Nation

JWisdom: Taking Israel for Granted? by Rabbi Mordechai Becher

May 7, 2008

Rabbi Hillel Goldberg: Israel is irrelevant to the Israeli-Palestinian conflict

Dion Nissenbaum: Latest Olmert scandal could derail efforts to force Israel's compromises

JWisdom: My Inner Ventriloquist by Sara Yoheved Rigler

May 6, 2008

Caroline B. Glick: Anti-Zionism at 60

The Kosher Gourmet By Ethel G. Hofman: In honor of Israel's 60th anniversary, the former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with a smorgasbord featuring the taste and essence of the Jewish homeland

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: Jewish Deer in Nazi Headlights

May 5, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Busy work

Jonathan Mark: Remarkable half-century old Mike Wallace interview with Abba Eban puts current anti-Israel sentiment into perspective

May 2, 2008

Rabbi Berel Wein: Rote religiosity

Caroline B. Glick: Whitewashing Hamas

JWisdom: Parent trap?

May 1, 2008

David Zwiebel: Faith communities can learn from Orthodox Jews in stimulating private philanthropy for religious education

George Friedman and Peter Zeihan of Stratfor: The Shift Toward an Israeli-Syrian Agreement

JWisdom: It's time to wake up by Rebbetzin Esther Jungreis

April 30, 2008

Jonathan Tobin: Pennsylvania's Democratic slugfest may leave some Jewish votes up for grabs

The Kosher Gourmet by Linda Gassenheimer: Fresh herbs, sauteed veal and tiny creamer potatoes makes a light spring dinner

JWisdom: How to Build a Mentch by Rabbi Mordechai Becher

April 29, 2008

Daniel Pipes: Barack Obama's Muslim Childhood

Joel Brinkley: On human rights, the U.N. once again strikes out

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: When The Truth is Unbelievable

April 28, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: I'm often stuck in the doctor's waiting room for hours! Doesn't he owe me something for my wasted time?

Steven Emerson: New U.S. government policy advises agencies to avoid using some of the very same words that make up terror groups' names

JWisdom: Why You & I Never Die: A Jewish View of Immortality, Part I by Rabbi David Aaron

April 25, 2008

Rabbi Mitchell Wohlberg: Schadenfreude isn't kosher for Passover --- or at any other time

Rabbi Berel Wein: The secret of how the data bank of memory is transferred from one generation to the next

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen, Part III

April 24, 2008

Rabbi Nathan Lopes Cardozo: The successful failure

Fred Burton and Scott Stewart of Stratfor: Placing the terrorist threat to the food supply in perspective

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen, Part II

April 23, 2008

Connie Ogle: An intricate game of a novel

Jonathan Tobin: Making Sense of the 'J Street' Jive

JWisdom: Stepping Up to A Higher Spiritual Life by Rabbi Lawrence Kelemen

April 22, 2008

Jonathan Rosenblum: Why Israel's 'Leaven law' matters

Caroline B. Glick: Obama the Savior

April 18, 2008

Rabbi Harvey Belovski: Multimedia tool of antiquity

Caroline B. Glick: Revealed Truths vs. revealed lies

JWisdom: More than miracles by Rabbi Sroy Levitansky

April 17, 2008

Rabbi Avi Shafran: Deconstructing Dayeinu

Rabbi Elazar Meisels: Is innovation at the Seder a slap at tradition?

JWisdom: Discovering Your Divine Mission, Part III by Rabbi David Aaron

April 16, 2008

Jonathan Tobin: A Prayer for Sderot's Children

Ethel G. Hofman: Sumptuous Seder

JWisdom: The Divine is in the details by Rabbi Mordechai Becher

April 15, 2008

Rabbi Dovid Zauderer: Let Charlton Heston Go!

Frank J. Gaffney, Jr.: Jimma, tyranny's enabler

JWisdom: Relationships: Beyond Mars & Venus, Part IV by Dr. Lisa Aiken

April 14, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: The Snitching Supervisor

Jonathan Tobin: Forget the Fun and Games!

JWisdom: Sincerity is Valued Most by Rabbi Abraham J. Twerski, M.D.

April 11, 2008

Rabbi David Gutterman: A Mystery in the Middle East

Caroline B. Glick: Why Ahmadinejad smiles

JWisdom: Elevated illness by Rabbi Sroy Levitansky

April 10, 2008

Stratfor Intelligence Briefing by George Friedman: A Mystery in the Middle East

The Kosher Gourmet By Steve Petusevsky: The spring elegance of asparagus

JWisdom: Holocaust in the Perspective of Faith by Rabbi Nosson Scherman: The Power of Rational Lies

April 9, 2008

Michael Feldberg: An all but forgotten Colonial doctor who put his Jewish values before his life

Jordan "Gorf" Gorfinkel's "Everything's Relative" gets philosophical

JWisdom: Four Rabbis in Bnei Brak by Rabbi Mordechai Becher

April 8, 2008

Caroline Glick: Covering for the enemy

Elliot B. Gertel: 'House' goes Hasidic

JWisdom: Relationships: Beyond Mars & Venus, Part III by Dr. Lisa Aiken

April 7, 2008

The Jewish Ethicist by Rabbi Dr. Asher Meir: Q: I have a translating business. Recently someone asked me to translate some financial documents that are clearly forged. Should I agree?

Jonathan Rosenblum : Israel is unwittingly helping to fuel the international campaign of delegitimization against it

JWisdom: Matzah and leaven as a life philosophy by Rabbi Abraham J. Twerski, M.D.

April 4, 2008

Rabbi Abraham J. Twerski: The Mystery of Suffering

Caroline B. Glick: Fear of democracy

JWisdom: Dirty Jews by Rabbi Sroy Levitansky

April 3, 2008

Rabbi Y. Y. Rubinstein: Parents --- and the children who would be them

The Kosher Gourmet by Kathy Manweiler: Tempted by restaurant dressings? Don't be. Here are recipes that can be made at home, healthier!

JWisdom: The importance of retaining a 'slave mentality' by Rabbi Mordechai Becher

April 2, 2008

Mitch Albom: Child abuse, disguised as faith

Jonathan Tobin: Unreasonable Accommodations

JWisdom: Holocaust in the Perspective of Faith with Rabbi Nosson Scherman: Eliminating Jewish Influence over Germans

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 Feb. 20, 2008 / 14 Adar I 5768

Costs vs. Benefits

By Walter Williams


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http://www.JewishWorldReview.com | If we look to benefits only, we'll do darn near anything because there's always a benefit. The National Highway Traffic Safety Administration reported that there were 43,443 highway fatalities in 2005. If we had a maximum speed law of 15 mph, the death toll wouldn't be nearly as high, probably not even as high as 500. You say, "Williams, that's a crazy idea!" You're right, but let's not call it crazy; it's more accurate to say: saving some 43,000 lives aren't worth the cost and inconvenience of a 15 mph speed limit.


Suppose there was a one percent risk of a $10,000 loss, how much are you willing to pay to try to prevent or insure against it? I doubt whether any reasonable person would be willing to pay $9,000, $5,000 or even $1,000, though he might be willing to pay $100. Surely there's a benefit to preventing a loss, but at what cost?


Let's apply cost versus benefits to anti-terrorism expenditures. Wyoming has two major cities: Cheyenne, its capital, with 53,000 population; and Casper, with 50,000. Federal and state homeland security anti-terrorism expenditures in 2007 totaled $6,673,910. What is the risk of Wyoming being a terrorist target and, if so, what is the expected cost in terms of human lives and property?


There's no precise way to determine Wyoming's risk of a terrorist attack and its cost, but simple reasoning suggests that too little or too much can be spent. The effect of spending too little might result in a devastating terrorist attack that could have been prevented. The effect of spending too much is less obvious because the victims are invisible. For example, purchase prices for new dump trucks for snow and ice removal range between $140,000 and $160,000. How many Wyoming lives could have been saved had some of the anti-terrorism expenditures been spent on additional dump trucks to clear streets and roads of snow and ice? There are many other lifesaving expenditures but the point is that a dollar spent for anti-terrorism is a dollar that can't be spent elsewhere where it might possibly save more lives.


The 1984 National Organ Transplant Act, which prohibits payments to organ donors or their families, creates benefits in the form of feel-good ethical values at a huge cost of lives. That's because organs must be supplied to recipients at zero price. Huge shortages are the result, as it would be if cars, homes, food, dental services and clothing had to be supplied at zero price. That's precisely the finding by Professors Randolph Beard, John Jackson and David Kaserman in their article "The Failure of U.S. Organ Procurement Policy," published in the Winter 2008 edition of the Washington, D.C.-based Cato Institute Regulation magazine.


As of 2005, there were 90,000 Americans on the organ transplant waiting list that is expected to grow to 150,000 by 2015. The authors estimate that since 1990, close to 100,000 people have already died waiting for an organ and they estimate that by 2015, that number will have grown to 196,000. Such a toll doesn't include all the pain and suffering of the waiting patient and his family.


There are a couple of factors, in addition to feel-good ethical values, that might explain the success of the ban on organ sales. People awaiting organs are disproportionately poor, minority, disorganized, sick and unaware of the cause of their plight. The people who benefit from their plight earn a lot of money and are highly organized. These are owners of dialysis clinics, those who receive funding for transplant research and agencies that manage organ procurement and allocation. In fact, everyone involved in the transplant business gets paid handsomely, except the organ donor. I'd like to know what standard of ethics justifies such a death toll and disconnect between costs and benefits.

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Walter Williams Archives


© 2006, Creators Syndicate.

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