I think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.

I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.

That eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history.

Your generosity is reflected in what you do with your own money, not in what you do with other people's money. If I give a lot of money to charity, then I am generous. If you give a smaller fraction of your money to charity, then you are less generous. But if you want to tax me in order to give my money to charity, that does not make you generous.

Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.

The prescription for better health care is more freedom to innovate, not remote-control surgery from Washington.

Anyone who believes that we can afford collectively what we cannot afford individually is delusional.