The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generat… - David R. Henderson

Health care costs so darn much because we pay so darn little for it… So we have almost no incentive to care about how much it cost… Most of what we spend on health care is other people’s money. We never spend other people’s money as carefully as we spend our own.

The bottom line is that in a free market, any employer who discriminates on grounds that have nothing to do with productivity will pay a cost for doing so. The economic system that removes the props from racism is free markets.

Most people understand the right to property better in practice than in theory. This was vividly illustrated by economist Gordon Tullock in a class he taught at the University of Virginia in the late 1960s. An undergraduate student in his class said that there was no such thing as property rights;…. So Gordon grabbed the student’s wallet. The student asked him to give it back, figuring presumably, that his simple request would get him his wallet back. But Tullock refused, saying that if there was no such thing as property rights, how could he, the student, own this wallet that he claimed as his.