What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture.

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

Life in general has never been even close to fair, so the pretense that the government can make it fair is a valuable and inexhaustible asset to politicians who want to expand government.

The only thing better than "hands-on" experience is hands-off experience - enough experience to understand that some things will turn out better if left alone.

The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.

Government cannot solve all our problems, even in normal times, much less during a catastrophe of nature that reminds man how little he is, despite all his big talk.

When a highly successful leader retires after a long career, it is very unlikely that his successor will be of comparable caliber. Anyone of similar ability and drive would have gone somewhere else, instead of waiting in the wings for years for a chance to show his own leadership.