Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

Morality, like other inputs into the social process, follows the law of diminishing returns- meaning ultimately, negative returns. People can be too moral.

Those government officials who want more power are not going to stop unless they get stopped.

It is hard to read a newspaper or watch a television newscast without encountering someone who has come up with a new 'solution' to society's 'problems.'

The people made worse off by slavery were those who were enslaved. Their descendants would have been worse off today if born in Africa instead of America. Put differently, the terrible fate of their ancestors benefitted them.

Most people who read "The Communist Manifesto" probably have no idea that it was written by a couple of young men who had never worked a day in their lives, and who nevertheless spoke boldly in the name of "the workers". Thomas Sowell .

More frightening to me than any policy or politician is the ease with which the public is played for fools with words. The latest example is the 'Employee Freedom of Choice Act,' a bill that will do away with secret ballot elections among workers voting on whether to be represented by a union. It is an open invitation to intimidation - which is to say, loss of freedom of choice.