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

Of all ignorance, the ignorance of the educated is the most dangerous. Not only are educated people likely to have more influence, they are the last people to suspect that they don't know what they are talking about when they go outside their narrow fields.

The political mirage of something for nothing, from leaders who 'care,' has ruined many a nation.

The real problem, both in discussions of mass shootings and in discussions of gun control, is that too many people are too committed to a vision to allow mere facts to interfere with their beliefs, and the sense of superiority that those beliefs give them.

Charles Murray, however, clearly believes that being able to cure fatal diseases is more important than some other things and that Rembrandt was a greater artist than your local sidewalk cartoon sketcher. Most people might regard this as obvious common sense but some of the intelligentsia may be seething with resentment at seeing their pet fetishes ignored.

Nobody would put as little thought and effort into buying an automobile as they put into deciding who to elect as President of the United States.

Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.