If a tax cut increases government revenues, you haven't cut taxes enough.

And what does reward virtue? You think the communist commissar rewards virtue? You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of their political clout?

Pick at random any three letters from the alphabet, put them in any order, and you will have an acronym designating a federal agency we can do without.

I do not believe there is a natural resource economics. I believe there is good economics and bad economics.

A society that puts equality - in the sense of equality of outcome - ahead of freedom will end up with neither equality or freedom. The use of force to achieve equality will destroy freedom. On the other hand, a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality. Freedom means diversity but also mobility. It preserves the opportunity for today's less well off to become tomorrow's rich, and in the process, enables almost everyone, from top to bottom, to enjoy a richer and fuller life.

Personal freedom has grown greatly within China, and that will provoke ever more points of conflict between the individual and state.

Statistics do not speak for themselves.