eddie_dane, I have to thank you once again for what appears to be a solid book recommendation. I'm currently reading Paul Krugman's The Conscience of a Liberal, but I see that Sowell's book is currently available at the local library. I'm heading over during lunch to grab it while it's still in. I've heard apocryphal tales from one of my co-workers who has a friend in the mortgage/banking business. As the story goes, just before the financial collapse, the mortgage broker was actively selling mortgages to people he knew very well couldn't afford it. His primary concern was the bonuses he was getting for each mortgage he sold, rather than whether or not the people could ever make the payments. I take the story with the requisite dose of skepticism due to its "friend-of-a-friend" nature, so I'm curious what Sowell has to say on the subject. Thanks again.