People who have time on their hands will inevitably waste the time of people who have work to do.
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordina...
We do not have a choice whether or not to discuss history. History has always been invoked in contemporary controversies.The only choice is between discussing what actually happened in the past and di...
Talk about how various people have been winners in the lottery of life or have things that others don’t have just because they happen to have money is part of the delegitimizing of property as a prelu...
Misconceptions of business are almost inevitable in a society where most people have neither studied nor run businesses. In a society where most people are employees and consumers, it is easy to think...
Just as Karl Marx did not attribute what he saw as the detrimental effects of a market economy to the ill will of individual capitalists, so Adam Smith did not attribute what he saw as the beneficial...
Engels said: what each individual wills is obstructed by everyone else, and what emerges is something that no one willed.
But, as the late Nobel Prize-winning economist George Stigler put it, the typical university catalog would never stop Diogenes in his search for an honest man.25
Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.
Opportunity alone is not sufficient for economic or other accomplishments.
Whether blatant or subtle, brainwashing has become a major, time-consuming activity in American education at all levels. Some zealots have not hesitated to use the traditional brain-washing technique...
The vision of the anointed is one in which ills as poverty, irresponsible sex, and crime derive primarily from ‘society,’ rather than from individual choices and behavior. To believe in personal respo...
The tsetse fly infests more than half the mainland,' making cattle and draft animals impracticable in the infected regions.
The staunchest conservatives advocate a range of changes which differ in specifics, rather than in number or magnitude, from the changes advocated by those considered liberal…change, as such, is simpl...
The next time you see a bum leaving drug needles in a park where children play or urinating in the street, you are seeing your tax dollars at work and the end result of the vision of the anointed.
The availability of federal grants and loans to help students meet rising tuition costs virtually ensures that those costs will rise. A college which kept tuition affordable could forfeit millions of...
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...
Lamenting the vagaries of fate may leave us with a galling sense of helpless frustration, which many escape by transforming the tragedy of the human condition into the specific sins of specific societ...
Justice at all costs' is not justice.
It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucra...