Reality Ensures That The End Of History

So That The Record Of History Is Absolutely Crystal Clear That There Is No Alternative Way, So Far Discovered, Of Improving The Lot Of The Ordinary People That Can Hold A Candle To The Productive Activities That Are Unleashed By A Free-enterprise System.

The Only Reason There Is A Crisis About Social Security In The Us And Pensions In Europe And Japan Is That You Cannot Maintain A "ponzi" Scheme Indefinitely. We Have Collected From Today's Young To Pay Today's Old And Counted On Tomorrow's Young To Keep Doing So. That Was A Fine Scheme As Long As The Number Of Young People Was Rising Faster Than Old People. When That Ratio Comes To An End, Such A System Also Has To End.

I Do Not Believe There Is A Natural Resource Economics. I Believe There Is Good Economics And Bad Economics.

Pick At Random Any Three Letters From The Alphabet, Put Them In Any Order, And You Will Have An Acronym Designating A Federal Agency We Can Do Without.

We Had Much Freer Trade In The 19th Century. We Have Much Less Globalization Now Than We Did Then.