Perhaps the deterioration of American education is illustrated by the high correlation between the number of years a person has attended school and his inability to understand the words "the right of the people to keep and bear arms shall not be infringed." It is more likely, though, that those who interpret the Second Amendment to preclude an individual right to own guns are driven by their political agenda. Whichever the case, they do themselves no credit when they tell us that a simple, elegant sentence means the opposite of what it clearly says.
Sheldon RichmanWe think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.
Sheldon RichmanGovernment interference with the economic process represents a substitution of political for consumer objectives.
Sheldon RichmanSome conservatives are surprised to find people on the Left supporting the war in Afghanistan. It's not surprising at all...It is hard for the government to prosecute a war and not expand...Conservatives may think they can support war and oppose the expansion of the state, but that is like trying to square the circle. What makes them think they can contain the expansion?
Sheldon Richman