The key to happiness is not being rich; it's doing something arduous and creating something of value and then being able to reflect on the fruits of your labor.

Happiness isn't found in some finite checklist of goals that we can diligently complete and then coast. It's how we live our lives in the process. That's why the four pillars of happiness are faith, family, community and meaningful work. Those are priorities we have to keep investing in.

There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.

Free enterprise is essentially a formula not just for wealth creation, but for life satisfaction.

Whether we look at capitalism, taxes, business, or government, the data show a clear and consistent pattern: 70 percent of Americans support the free enterprise system and are unsupportive of big government.

We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.

The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives.