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

Don't you get tired of seeing so many "non-conformists" with the same non-conformist look?

Any politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other 90 percent of the people?"

Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.

You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.

The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.

The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.