High tax rates that people don't actually pay do not bring the government as much revenue as lower tax rates that they do pay.

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.

Welfare states on both sides of the Atlantic have discovered that largesse to losers does not reduce their hostility to society, but only increases it. Far from producing gratitude, generosity is seen as an admission of guilt, and the reparations as inadequate compensations for injustices - leading to worsening behavior by the recipients.

Any statistics can be extrapolated to the point where they show disaster.

Stupid people can cause problems, but it usually takes brilliant people to create a real catastrophe.

The vocabulary of the political left is fascinating. For example, it is considered to be 'materialistic' and 'greedy' to want to keep what you have earned. But it is 'idealistic' to want to take away what someone else has earned and spend it for your own political benefit or to feel good about yourself.

The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.