Students are often in no position to judge 'relevance' until long after the fact.

Government central planning means over-riding other people's plans.

The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.

Someone recently pointed out how much Barack Obama's style and strategies resemble those of Latin American charismatic despots - the takeover of industries by demagogues who never ran a business, the rousing rhetoric of resentment addressed to the masses and the personal cult of the leader promoted by the media. But do we want to become the world's largest banana republic?

One of the biggest reasons for higher medical costs is that somebody else is paying those costs, whether an insurance company or the government. What is the politicians' answer? To have more costs paid by insurance companies and the government. ... [H]aving someone else pay for medical care virtually guarantees that a lot more of it will be used. Nothing would lower costs more than having each patient pay those costs. And nothing is less likely to happen.

The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of the liberals' expansion of the welfare state.

Sometimes it seems as if there are more solutions than problems. On closer scrutiny, it turns out that many of today's problems are a result of yesterday's solutions.