Free Markets

The problem in Europe (and the USA) is not too much but too little austerity — or its complete absence.

Tax gatherer: "You have secured twenty tuns of wine? Have the goodness to deliver up to me six of the best." Vintner: "Good Heaven! you are going to ruin me."

 President Obama's recent re-election bid included considerable pandering to women voters, including the so-called equal-pay-for-equal-work campaign.

What we have in mind when we talk about interventionism is the government's desire to do more than prevent assaults and fraud.

The argument over gold is a replay of the arguments of Adam Smith against the arguments of the mercantilists.

If outcry is preferred to argument, let us vociferate, "King Midas has a snout, and asses' ears."

It was not the banks as such that caused the crisis but rather the boom-bust policies of the central banks of Ireland and Iceland.

Will anyone undertake to affirm that fire has become a greater evil since the introduction of insurance?

A business-hostile administration will provoke more apprehension than a business-friendlier administration.

A magnificent canal united two large towns in China. The emperor thought fit to order enormous blocks of stone to be thrown in to render it useless.