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.

What happened under communism - and increasingly, is happening in America, as Joseph Sobran put it: 'Need' now means wanting someone else's money. 'Greed' means wanting to keep your own. 'Compassion' is when a politician arranges the transfer.'

Many people are priced out of the medical and insurance markets for one reason: the politicians refusal to give up power. Allowing them to seize another 16 percent of the economy won't solve our problems. Freedom will.

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

There's no business that's too small for government to torture

Current government regulation interferes with honest voluntary exchanges by imposing arbitrary terms and requiring tons of paperwork disclosing information no one wants anyway.

..the real world's all we've got. Believers in the supernatural claim to have special wisdom about the world. But real wisdom means knowing truth from falsehood, knowing the difference between evidence and wishful thinking. Yes, the real world is mysterious and sometimes frightening. But would the supernatural make it better? The real world has beauty, poetry, love and the joy of honest discovery. Isn't that enough?