It is important to remember when reading Adam Smith or even when just thinking about Smith that the era that he lived in, we're not talking about poverty in a day when it meant not enough bedrooms for the kids, an old car, a black and white television. We're talking about a whole world where poverty meant not enough to eat.

Whenever government proposes to get involved in the regulation of trade, just be very, very careful about who's behind this proposal, what their motives are.

Each child is biologically required to have a mother. Fatherhood is a well-regarded theory, but motherhood is a fact.

Everything that's fun in life is dangerous. Horse races, for instance, are very dangerous. But attempt to design a safe horse and the result is a cow ... It is impossible to be alive and safe.

Rich parents are famous both for miserliness and astonishing longevity. And, when they finally do die, you'll find they've left their estate in inviolate trust to the golden retrievers.

Many reporters, when they go to work in the nation's capital, begin thinking of themselves as participants in the political process instead of glorified stenographers.

Some jobs are worse than actual wives. Ad agency vs. Matrimony, for instance: Even the most capricious and demanding spouse is not going to divorce you for refusing to spend forty hours a week making up lies about toilet paper.