Let's face it, most of us are not half as smart as we may sometimes think we are-- and for intellectuals, not one-tenth as smart.

Like so many before him who have ruined countries around the world, Obama has a greatly inflated idea of his own capabilities and the capabilities off what can be accomplished by rhetoric or even by political power.

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.

People who have never run even a modest little business assert with great certainty and indignation that heads of multinational corporations are paid much more than they are worth. People who know nothing about medicine and nothing about economics unhesi.

The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.

Compassion is the use of public funds to buy votes

If a word means everything, then in means nothing.