Movies' mistrust of capitalism is almost as old as the medium itself.

All things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners.

When all is said and done, cheap gas is an illusion, because our reliance on gas creates a whole series of costs that aren't factored in to the pump price - among them congestion, pollution, and increased risk of accidents.

In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.

The problem is that groups are only smart when the people in them are as independent as possible. This is the paradox of the wisdom of crowds.

Since the Protestant majority in Northern Ireland wants to remain a part of Great Britain, and since Ireland itself has shown little interest in reunification, the IRA's prospects for success through political channels have always been limited.

Life insurance became popular only when insurance companies stopped emphasizing it as a good investment and sold it instead as a symbolic commitment by fathers to the future well-being of their families.