Why the transfer of decisions from those with personal experience and a stake in the outcome to those with neither can be expected to lead to better decisions is a question seldom asked, much less answered.

The welfare state is not really about the welfare of the masses. It is about the egos of the elites.

It’s amazing how much panic one honest man can spread among a multitude of hypocrites.

A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.

Weighing benefits against costs is the way most people make decisions - and the way most businesses make decisions, if they want to stay in business. Only in government is any benefit, however small, considered to be worth any cost, however large.

If we become a people who are willing to give up our money and our freedom in exchange for rhetoric and promises, then nothing can save us.

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.