It is truly a triumph of rhetoric over reality when people can believe that going into politics is 'public service,' but that producing food, shelter, transportation, or medical care is not.

As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.

In short, killing the goose that lays the golden egg is a viable political strategy, so long as the goose does not die before the next election and no one traces the politicians’ fingerprints on the murder weapon.

What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone else's money openly by force? Robbery. What do you call it when a politician takes someone else's money in taxes and gives it to someone who is more likely to vote for him? Social Justice.

The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.

Anyone who does not understand the utter cynicism of politics does not understand politics.

Some full professors could more accurately be described as empty professors.