The minimum wage law is very cleverly misnamed. The real minimum wage is zero—and that is what many inexperienced and low-skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer.

“It's like the Marxists who are telling us that Eastern Europe wasn't really socialism. At some point, you have to ask yourself: could it be that this principle cannot work out in practice with human beings as they exist on this planet?”

The fatal attraction of government is that it allows busybodies to impose decisions on others without paying any price themselves. That enables them to act as if there were no price, even when there are ruinous prices paid by others.

There is no greater indictment of judges than the fact that honest people are afraid to go into court, while criminals swagger out its revolving doors.

“The word ‘genius’ is thrown around so much that it’s becoming meaningless, but nevertheless I think Tom Sowell is close to being one.” - Milton Friedman