History has shown that a government's redistribution of shrinking wealth, in preference to a private sector's creation of new sources of it, can prove more destructive than even the most deadly enemy.

Westernization, coupled with globalization, has created an affluent and leisured elite that now gravitates to universities, the media, bureaucracies, and world organizations, all places where wealth is not created, but analyzed, critiqued, and lavishly spent.

I see a continuation of the populist outrage that prompted the Brexit and sparked the Bernie Sanders campaign.

Almost every key indicator of the current economy - unemployment, deficits, housing, energy - argues that Obama's reactionary all-powerful statist approach has only made things far worse.

Stalin and Mao killed over 80 million and did not make omelets despite the broken eggs.

I wish I could attribute the absence of any conventional Arab offensive in the last 20 years to a change of political climate or a willingness to abide by past accords. But unfortunately it is more likely that the Egyptians or Syrians concluded that the next time their tanks headed to Tel Aviv, there was nothing stopping the counterassaults from ending up in downtown Cairo or Damascus.

Ancient wisdom: deal in personal trust; your word is your bond; avoid extremes; treat the money you invest for others as something sacred; don't take any more perks than you would wish others to take; don't borrow what you couldn't suddenly pay back; imagine the worse case financial scenario and expect it very may well happen; the wealthier you become the more humble you should act.