There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.

I'm a better economist than I was a sax player.

If I've made myself clear, I've misspoken.

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

All taxes are a drag on economic growth. It's only a question of degree.

When trust is lost, a nation's ability to transact business is palpably undermined.