In the long run, the greatest weapon of mass destruction is stupidity.

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.

Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.

To say that 'wealth in America is so unfairly distributed in America,' as Ronald Dworkin does, is grossly misleading when most wealth in the United States is not distributed: at all. People create it, earn it, save it, and spend it.

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

Tolerating imperfections is the price of freedom.

It is amazing how many of the horrors of the 20th century were a result of charismatic quacks misleading millions of people to their own doom. What is even more amazing is that, after a century that saw the likes of Hitler, Lenin and Mao, we still see no need to distrust charisma as a basis for choosing leaders, either in politics or in numerous organizations and movements.