Our whole educational system, from the elementary schools to the universities, is increasingly turning out people who have never heard enough conflicting arguments to develop the skills and discipline required to produce a coherent analysis, based on logic and evidence. The implications of having so many people so incapable of confronting opposing arguments with anything besides ad hominem responses reach far.

A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.

Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.

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.

The idea that money is corrupting innocent politicians would be laughable if it did not lead to such dangerous legislation.

People in the political world have every incentive to say things that lead voters away from a clear economic understanding of issues. What has happened more and more is that organized groups have more and more reasons to say things that don't make any economic sense.

Our economic problems worry me much less than our political solutions, which have a far worse track record.