Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy.

The larger the government, the more our livings standards are reduced. We are fortunate as a civilization that the progress of free enterprise generally outpaces the regress of government growth, for, if that were not the case, we would be poorer each year - not just in relative terms, but absolutely poorer too. The market is smart and the government is dumb, and to these attributes do we owe the whole of our economic well-being.

Libertarianism is a theory of politics that is so compelling that once you have absorbed it, it becomes the lens through which you end up understanding all economic and political events.

One ironic legacy of the Clinton administration is the rearming of the American citizenry. Each time Clinton and his friends in Congress threaten another round of anti-gun regulations, the American people respond by stocking up.

Money out of nothing is money that is eventually worth nothing.

Always and everywhere, the only serious political issue is what the state should and should not do. All the rest distracts.

Among the most urgent political priorities of our age is the separation of economy and state.