The art of economics consists in looking not merely at the immediate but at the longer effects of any act read more

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Absolute power corrupts even when exercised for humane purposes. The benevolent despot who sees himself as a shepherd of the read more

Absolute power corrupts even when exercised for humane purposes. The benevolent despot who sees himself as a shepherd of the people still demands from others the submissiveness of sheep.

Politics is not an exact science.

Politics is not an exact science.

Beguiled by George S. Bush's easy smile and casual indifference to the details, we are on the brink of electing read more

Beguiled by George S. Bush's easy smile and casual indifference to the details, we are on the brink of electing him to office. This isn't choosing a president, it's casting the lead in a sitcom about the presidency.

Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We read more

Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We tend to rub our guilty conscience against others the way we wipe dirty fingers on a rag. This is as evil a misuse of others as the practice of exploitation.

The crime bill passed by the Senate would reinstate the Federal death penalty for certain violent crimes: assassinating the President; read more

The crime bill passed by the Senate would reinstate the Federal death penalty for certain violent crimes: assassinating the President; hijacking an airliner; and murdering a government poultry inspector.

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really read more

Mystical references to "society" and its programs to "help" may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats.

The true civilization is where every man gives to every other every right that he claims for himself.

The true civilization is where every man gives to every other every right that he claims for himself.

Democracy substitutes election by the incompetent many for the appointment by the corrupt few.

Democracy substitutes election by the incompetent many for the appointment by the corrupt few.