Efficiency in government is a more elusive concept than efficiency in the private economy, which may be measured relatively easily as output per units of input. What is the government's 'output?'

The prize for ultimate inefficiency goes to America. We have built in so many checks and balances that our 'leaders' are the most thoroughly hogtied of any on Earth.

Raw lobster tail, freeze dried, is amazing.

Making money from enforcing patents is no more wrong than investing in preferred stock.

Technological 'revolutions' don't really overthrow anything - they simply append a new and dynamic market to that which went before.

Economists want their discipline to be a science, and they have nailed down a few precepts, but many of their debates are still clouded by ideology.

Software is a gas; it expands to fill its container.