Our contemporary brand of socialism has one fatal flaw. It's too expensive. When you try to shower benefits on so many recipients, you eventually must resort to subterfuge. Foremost among those tricks is money and credit expansion. Inevitably, you debase your currency.

Winning a lottery may prove to be bad luck.

The rate of inflation can't be judged accurately by a few items the government arbitrarily chooses to measure.

If you want the best results in an organization, you must rely solely on merit.

Government is no more than taxpayers hiring the most inefficient organization to do the job.

Nothing in life is guaranteed, including government guarantees.

Perhaps the greatest difference among people is between those who never have to worry about money and those who do.