See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.

If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.

I think that the Internet is going to be one of the major forces for reducing the role of government.

It all would have been much better if individuals saved for their own old age.

Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.

Statistics do not speak for themselves.