If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.

In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.

An increasing amount of climate research suggests a possibility of global cooling.

There are many farm handouts; but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, "Vote for me. I'll use my office to take another American's money and give it to you."

Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target.... Wal-Mart exists and prospers because tens of millions of Americans find Wal-Mart to be a suitable source of goods and services..... unions and anti-traders should direct their outrage and condemnation at the tens of millions of Americans who shop at Wal-Mart and keep it in business.

Minimum-wage laws are one of the most powerful tools in the arsenal of racists.

Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.