Fools Money – Part 2

by Thomas Sowell

Words are supposed to convey thoughts, but they can also obliterate thoughts and shut down thinking. As Justice Oliver Wendell Holmes said, a catchword can “delay further analysis for fifty years.” Holmes also said, “think things, not words.”

When you are satisfied to accept words, without thinking beyond those words to the things– the tangible realities of the world– you are confirming what philosopher Thomas Hobbes said in the 17th century, that words are wise men’s counters but they are the money of fools.

Even in matters of life and death, too many people accept words instead of thinking, leaving themselves wide open to people who are clever at spinning words. The whole controversy about “health care reform” is a classic example.

“Health care” and medical care are not the same thing. The confusion between the two spreads more confusion, when advocates of government-run medical care point to longer life expectancies in some other countries where government runs the medical system.

Health care affects longevity, but health care includes far more than medical care. Health care includes such things as diet, exercise and avoiding things that can shorten your life, such as drug addiction, reckless driving and homicide.

If you stop and think– which catchwords can deflect us from doing– it is clear that homicide and car crashes are not things that doctors can prevent. Moreover, if you compare longevity among countries, leaving out homicide and car crashes, Americans have the longest lifespan in the western world.

Why then are people talking about gross statistics on longevity, as a reason to change our medical care system? Since this is a life and death issue, we need to think about the realities of the world, not the clever words of spinmeisters trying to justify a government takeover of medical care.

American medical care leads the world in things like cancer survival rates, which medical care affects far more than it affects people’s behavior that leads to obesity and narcotics addiction, as well as such other things as homicide and reckless driving.

But none of this is even thought about, when people simply go with the flow of catchwords, accepting those words as the money of fools.

Continue reading . . .

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