Asking someone in the media about liberal bias is like asking a fish about water. 'Huh, what are you talking about? Where is it?'

It’s not about electing the right people. It’s about a narrowing their responsibilities.

A thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.

Happiness comes when we test our skills towards some meaningful purpose.

Fraud will always exist. Enforcement of anti-fraud laws is a useful deterrent, but in the end there's no substitute for investor vigilance. Government regulations provide a false sense of security - and that's worth less than no sense of security at all.

The people who have the biggest passion for restricting other people's behavior are the very people we should worry about most. Unfortunately, they keep running for office.

People vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.