A valid contract requires voluntary offer, acceptance, and consideration.

Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.

Clowns to the left of me, jokers to the right, here I am -- not stuck in the middle, but hovering above the entire farcical spectrum, weeping as I behold my fellow man's devotion to political illusion and self-destruction.

True counselors of despair are those who hope against hope—and historical experience—that the government can and will act constructively.

For members of the political class, the crucial question is always: how can we push out the frontier, how can we augment the government's dominion and plunder, with net gain to ourselves the exploiters who live not by honest production and voluntary exchange, but by fleecing those who do so?

If I had to use a single word to describe what is fundamentally wrong with government today, I would use the word fraud.

But politicians who talk about failed policies are just blowing smoke. Government policies succeed in doing exactly what they are supposed to do: channeling resources bilked from the general public to politically organized and influential interests groups.