Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

When Congress gets through investigating Attorney General Janet Reno, will her agency become known as the Obstruction of Justice Department? The civil rights movement was one of the great moral crusades in the first half of the twentieth century. Unfortunately, in more recent times it has become all too much like those it opposed, demanding racial double standards and even condoning verbal and violent attacks against members of other races.

Clearly, only very unequal intellectual and moral standing could justify having equality imposed, whether the people want it or not, as Dworkin suggests, and only very unequal power would make it possible.

The law of diminishing returns means that even the most beneficial prinicple will become harmful if carried far enough.

We need laws written by people who have confronted life in the real world, not in the sheltered world of trust fund recipients of the insulated cocoon of academia.

If one writing contributed more than any other to the framework in which this work Sowell's Knowledge and Decisions developed, it would be an essay entitled 'The Use of Knowledge in Society,' published in the American Economic Review of September 1945, and written by F. A. Hayek . . In this plain and apparently simple essay was a deeply penetrating insight into the way societies function and malfunction, and clues as to why they are so often and so profoundly misunderstood.

France has never gotten over the fact that it was once a great power and is now just a great nuisance.