What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.

Most people are oblivious to F.A. Hayek's insight that the critical information needed to run an economy - or even 15 percent of one - doesn't exist in any one place where it is accessible to central planners. Instead, it is scattered piecemeal among millions of people. All those people put together are far wiser and better informed than Congress could ever be. Only markets - private property, free exchange and the price system - can put this knowledge at the disposal of entrepreneurs and consumers, ensuring the system will serve the people and not just the political class.

Good government has to mean less government.

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

Give me a break - They say taxes are inevitable, like death. At least death doesn't come every year.

People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world.

Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.