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

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

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

Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.

The gap between what one knows and what one thinks one knows may be higher in the ranks of the elite. The result is supposedly-clever government interventions, introduced with excessive confidence, leading to disastrous results.

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

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.