All things are the same except for the differences, and different except for the similarities.

Racism does not have a good track record. It's been tried out for a long time and you'd think by now we'd want to put an end to it instead of putting it under new management.

Many Americans who supported the initial thrust of civil rights, as represented by the Brown v. Board of Education decision and the Civil Rights Act of 1964, later felt betrayed as the original concept of equal individual opportunity evolved toward the concept of equal group results.

If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.

Progress in general seems to hold little interest for people who call themselves 'progressives.' What arouses them are denunciations of social failures and accusations of wrong-doing.

If we spend our time with regrets over yesterday, and worries over what might happen tomorrow, we have no today in which to live.

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