Envy was once considered to be one of the seven deadly sins before it became one of the most admired virtues under its new name, “social justice.”

Trade-offs have been with us ever since the late unpleasantness in the Garden of Eden.

Politeness and consideration for others is like investing pennies and getting dollars back.

Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.

There are only two ways of telling the complete truth--anonymously and posthumously.

Sports are the reason I am out of shape. I watch them all on TV.

Just as a poetic discussion of the weather is not meteorology, so an issuance of moral pronouncements or political creeds about the economy is not economics. Economics is a study of cause-and-effect relationships in an economy.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

Talkers are usually more articulate than doers, since talk is their specialty.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.