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In the political language of today, people who want to keep what they have earned are said to be greedy, while those who wish to take their earnings from them and give it to others (who will vote for them in return) show compassion.
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Ronald Reagan had a vision of America. Barac k Obama has a vision of Barack Obama.
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The biggest myth about labor unions is that unions are for the workers. Unions are for unions, just as corporations are for corporations and politicians are for politicians.
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Most of the people in the upper income brackets are not rich and do not have wealth sheltered offshore. They are typically working people who have finally reached their peak earning years after many years of far more modest incomes-and now see much of what they have worked for siphoned off by politicians, to the accompaniment of lofty rhetoric.
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No individual and no generation has had enough personal experience to ignore the vast experience of the human race that is called history. Yet most of our schools and colleges today pay little attention to history. And many of our current policies repeat mistakes that were made, time and again, in the past with disastrous results.
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The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to “help.”
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The murder of a dozen innocent people is unquestionably a human tragedy. But that is no excuse for reacting blindly by preventing hundreds of thousands of other people from defending themselves against meeting the same fate.
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Oliver Wendell Holmes said, "Think things, not words." In words, many see a need for "social justice" to override "the dictates of the market." In reality, what is called "the market" consists of human beings making their own choices at their own cost. What is called "social justice" is government imposition of the notions of third parties, who pay no price for being wrong.
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ANYONE who studies the history of ideas should notice how much more often people on the political left, more so than others, denigrate and demonize those who disagree with them - instead of answering their arguments.
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As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.
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What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.
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Barack Obama has done more than anyone else to promote the dangerous illusion that we can choose whether to have a war or not. But our enemies have already made that choice. Retired Marine Corps General James Mattis said: “No war is over until the enemy says it's over. We may think it's over, we may declare it over, but in fact, the enemy gets a vote“.
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Wal-Mart has done more for poor people then any ten liberals, at least nine of whom are almost guaranteed to hate Wal-Mart.
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After the risky mortgage-lending practices fostered by government intervention led to massive defaults and foreclosures that caused financial institutions to collapse or be bailed out, Congressman Frank changed his tune completely.
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So long as public schools are treated as places that exist to provide guaranteed jobs to members of the teachers' unions, do not be surprised to see American students continuing to score lower on international tests than students in countries that spend a lot less per pupil than we do.
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It is not the dignitaries who are the real cause of hope, however. What is an enormously refreshing and hopeful sign is to see the young people who make up the membership of the Federalist Society. Earnest, intelligent, and unpretentious, these are the young men and women of whom any nation and any age could be proud.
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The least productive people are usually the ones who are most in favor of holding meetings.
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For every expert there is an equal and opposite expert, but for every fact there is not necessarily an equal and opposite fact.
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One of the bitter ironies of the 20th century was that communism, which began as an egalitarian doctrine accusing capitalism of selfishness and calloused sacrifices of others, became in power a system whose selfishness and callousness toward others made the sins of capitalism pale.
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There is nothing so bad that politics cannot make it worse.
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Someone once said that many bad policies are just good policies that have been carried too far. For example, we have taken tolerance to such an extreme that we tolerate the immigration into our country of millions of intolerant people who hate millions of Americans who are already here.
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It may be expecting too much to expect most intellectuals to have common sense, when their whole life is based on their being uncommon -- that is, saying things that are different from what everyone else is saying. There is only so much genuine originality in anyone. After that, being uncommon means indulging in pointless eccentricities or clever attempts to mock or shock.
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You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth - and that future wealth is less likely to be produced when people see that it is going to be confiscated.
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Over the generations, black leaders have ranged from noble souls to shameless charlatans.