Those who want to "spread the wealth" almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power?

It is not the dignitaries who are the real cause of hope, however. What is an enormously refreshing and hopeful sign is to see the young people who make up the membership of the Federalist Society. Earnest, intelligent, and unpretentious, these are the young men and women of whom any nation and any age could be proud.

Just what is it that academics have to fear if they stand up for common decency, instead of letting campus barbarians run amok?

In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.

Progress in general seems to hold little interest for people who call themselves 'progressives.' What arouses them are denunciations of social failures and accusations of wrong-doing.

Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.

A lot of what is called 'public service' consists of making hoops for other people to jump through. It is a great career for those who cannot feel fulfilled unless they are telling other people what to do.