You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.

What is ominous is the ease with which some people go from saying that they don't like something to saying that the government should forbid it. When you go down that road, don't expect freedom to survive very long.

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

The government is indeed an institution, but "the market" is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to his own situation and taste.

It doesn't matter how smart you are unless you stop and think.

Tolerating imperfections is the price of freedom.

Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.