A system that rewards politicians skilled at campaigning - which is the art of creating an illusion - and that puts hundreds of billions of coerced taxpayer dollars at the disposal of the winners will tend to attract men and women with a comparative advantage in manipulation.

I'm a libertarian. It's a terrible word.

A handful of people who probably never even ran a small business actually think they can reinvent the health care system.

I'm an American. I'm for prosperity. I've discovered, from 40 years of reporting, that what creates prosperity is limited government.

If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else.

[T]he only way to shrink the trade deficit is for the government to prohibit us from buying whatever we want.

I saw how the regulation I called for made things worse, didn't help consumers and simple competition was better. And I started praising business and occasionally criticizing regulation.