There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

One of those disturbing tendencies in academic life is that there is a desire on the part of many in the name of open-mindedness to fall into a kind of relativistic denialism in which all positions are equally legitimate, all positions must be respected, and compromise must be entered into no matter what the starting point or reasonableness of the two parties.

It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.

There are idiots. Look around.

Investment in girls' education may well be the highest-return investment available in the developing world.