Any statistics can be extrapolated to the point where they show disaster.

Most problems, decisions, and performances are multidimensional, but somehow the results have to be reduced to a few key indicators which are to be institutionally rewarded or penalized... The need to reduce the indicators to a manageable few is based not only on the need to conserve the time (and sanity) of those who assign rewards and penalties, but also to provide those subject to these incentives with some objective indication of what their performance is expected to be and how it will be judged... key indicators can never tell the whole story.

Lofty talk about 'social justice' or 'fairness' boils down to greatly expanded powers for politicians, since those pretty words have no concrete definition. They are a blank check for creating disparities in power that dwarf disparities in income - and are far more dangerous.

People in the political world have every incentive to say things that lead voters away from a clear economic understanding of issues. What has happened more and more is that organized groups have more and more reasons to say things that don't make any economic sense.

Economics is concerned with what emerges, not what anyone intended.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

The sad and tragic fact is that the civil rights movement, despite its honorable and courageous past, has over the years degenerated into a demagogic hustle, promoting the mindless racism they once fought against.