The government is indeed an institution, but "the market" is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to his own situation and taste.

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.

Whether as a radical student, a community organizer or a far left politician, Barack Obama's ideology has been based on a vision of the Haves versus the Have Nots. . .Obama's ideology is an ideology of envy, resentment, and payback.

No segment of the population has lost more by the agendas of the liberal constituencies of the Democratic Party than the black population. The teachers' unions, environmental fanatics and the ACLU are just some of the groups to whose interests blacks have been sacrificed wholesale. Lousy education and high crime rates in the ghettos, and unaffordable housing elsewhere with building restrictions, are devastating prices to pay for liberalism.

One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again.

Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.

Too much of what is called 'education' is little more than an expensive isolation from reality.