Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Whatever you tax you get less of.

Deficit spending is simply a scheme for the confiscation of wealth.

I love facts and figures. It's like following a detective story, piecing together what's going on in the economy.

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.