Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.

People who know nothing about advertising, nothing about pharmaceuticals, and nothing about economics have been loudly proclaiming that the drug companies spend too much on advertising - and demanding that the government pass laws based on their ignorance.

It doesnt matter what you do if you dont do what matters. If you do what matters it doesnt matter what you do.

Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.

One of the bitter ironies of the 20th century was that communism, which began as an egalitarian doctrine accusing capitalism of selfishness and calloused sacrifices of others, became in power a system whose selfishness and callousness toward others made the sins of capitalism pale.

The old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his 'basic rights.'

The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white - who find in that paranoid vision an excuse for counterproductive and ultimately self-destructive attitudes and behavior.