As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.
Those who want to “spread the wealth” almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power?
Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated – preemptively and unilaterally, if necessary.
Competition does a much more effective job than government at protecting consumers.
If you believe in equal rights, then what do “women’s rights,” “gay rights,” etc., mean? Either they are redundant or they are violations of the principle of equal rights for all.
It is bad enough that so many people believe things without any evidence. What is worse is that some people have no conception of evidence and regard facts as just someone else’s opinion.
We enjoy freedom and the rule of law on which it depends, not because we deserve it, but because others before us put their lives on the line to defend it.
Our national problems usually do not cause nearly as much harm as the solutions.
A recent poll shows that a majority of blacks, whites, Asians and Hispanics do not think the Census should be classifying people as black, white, Asian and Hispanic.
When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.
No one will really understand politics until they understand that politicians are not trying to solve our problems. They are trying to solve their own problems – of which getting elected and re-elected are number one and number two. Whatever is number three is far behind.
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.
The problem isn’t that Johnny can’t read. The problem isn’t even that Johnny can’t think. The problem is that Johnny doesn’t know what thinking is; he confuses it with feeling.
It’s amazing how much panic one honest man can spread among a multitude of hypocrites.
There is usually only a limited amount of damage that can be done by dull or stupid people. For creating a truly monumental disaster, you need people with high IQs.
People who talk incessantly about “change” are often dogmatically set in their ways. They want to change other people.
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
The welfare state is the oldest con game in the world. First you take people’s money away quietly, and then you give some of it back to them flamboyantly.
One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.
The only thing better than “hands-on” experience is hands-off experience – enough experience to understand that some things will turn out better if left alone.