Nothing keeps a company honest and efficient like the threat of other companies coming along and taking its business away.

We like to think we're superior to the people who, centuries ago, burned 'witches' for no better reason than a neighbor's belief that his crop failure or impotence was caused by that woman's action. But reporters are still prone to the same mental errors that caused these killings: seeing patterns where there are none, finding causes where there is only coincidence, ignoring our sources' political agendas and turning scanty evidence into panic.

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.

As a free person, I ought to be allowed if I'm dying to take something.

Competition leads both drug companies and private regulators to be trustworthy. If they are not trustworthy, they die.

I like taking the subway to work.

We have all kinds of government compensation systems that are much more efficient than the lawyers.