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I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

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And she always has so much fun doing it. We make a good team.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.
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If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine.
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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Amateurs want to be right. Professionals want to make money.
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Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
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If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.
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But material success is possible in this world and far more satisfying when it comes without exploiting others.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I’m only half joking
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