Successful people who earn their wealth through free and peaceful exchange may choose to give some of it away, but they’d be no less moral and no less debt-free if they gave away nothing. It cheapens the powerful charitable impulse that all but a few people possess to suggest that charity is equivalent to debt service or that it should be motivated by any degree of guilt or self-flagellation.

Athletics, like economics, is an endeavor of human action. While we can see scores and statistics, there is no true way to quantify how good or bad a team may be. Indeed, if the computer polls with their mathematical formulas were so accurate and useful, then one would hardly see the need for a championship game after all.

Almost any food you can name--if you study its history--has something to say about economics, politics, history, or culture. For whatever reason, tea seems to teach more lessons by its history than almost anything else we could eat or drink.

The Great American Boom may be over, but the construction of myths about its nature and why it has ended has just begun. The International Monetary Fund blames the Federal Reserve and the European Central Bank for not having opened the floodgates of money at full. Other Keynesians put the blame on the consumer, who is seen as neglecting his duty of keeping on shopping.

AmeriCorps is little more than social work tinged with messianic delusions. Citizens should no longer be forced to pay hundreds of millions of dollars of taxes each year for a bunch of photo opportunities for politicians and do-gooders.