Most problems, decisions, and performances are multidimensional, but somehow the results have to be reduced to a few key indicators which are to be institutionally rewarded or penalized... The need to reduce the indicators to a manageable few is based not only on the need to conserve the time (and sanity) of those who assign rewards and penalties, but also to provide those subject to these incentives with some objective indication of what their performance is expected to be and how it will be judged... key indicators can never tell the whole story.

Reality is not optional.

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

It is fascinating to watch politicians come up with 'solutions' to problems that are a direct result of their previous solutions. In many cases, the most efficient thing to do would be to repeal their previous solution and stop being so gung-ho for creating new solutions in the future. But, politically, that is the last thing they will do.

Trade-offs have been with us ever since the late unpleasantness in the Garden of Eden.

Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.

You may have the right to live anyway you like, but you don't have a right to have other people like it. Respect it or pay for it.