The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.

Americans know very little about social statistics, but I am not sure that it's important that Americans know about social statistics.

The power to do good is also the power to do harm.

What is not forbidden in Sweden, is obligatory.

There is no logical basis for the prohibition of marijuana. $7.7 billion is a lot of money, but that is one of the lesser evils. Our failure to successfully enforce these laws is responsible for the deaths of thousands of people in Colombia. I haven't even included the harm to young people. It's absolutely disgraceful to think of picking up a 22-year-old for smoking pot. More disgraceful is the denial of marijuana for medical purposes.

The invisible hand in politics operates in the opposite direction to the invisible hand in the market.

He moves fastest who moves alone.