Politicians and bureaucrats clearly have no idea how complicated markets are. Every day people make countless tradeoffs, in all areas of life, based on subjective value judgements and personal information as they delicately balance their interests, needs and wants. Who is in a better position than they to tailor those choices to best serve their purposes? Yet the politicians believe they can plan the medical market the way you plan a birthday party.

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

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.

Government has no wealth of its own. Before it gives anything to anyone, it must take from those who produced it.

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

Entitlement? How can you be entitled to someone else's money?

The political class can't imagine a decentralized world where good things happen...without them. But in the real world, that's exactly how good things happen, and how jobs are created. When government sets simple rules that everyone understands and then gets out of the way, free people create jobs.