There Is No Good Way Of Measuring

A Society Based On The Freedom To Choose Is Better Than A Society Based On The Principles Of Socialism, Communism And Coercion.

Hong Kong Is The Bellwether. If The Chinese Stick To Their Agreement To Let Hong Kong Go Its Own Path, Then China Will Also Go That Way. If They Don't, That Is A Very Bad Sign. I'm Optimistic.

The Only Relevant Test Of The Validity Of A Hypothesis Is Comparison Of Prediction With Experience.

The Lesson For Asia Is; If You Have A Central Bank, Have A Floating Exchange Rate; If You Want To Have A Fixed Exchange Rate, Abolish Your Central Bank And Adopt A Currency Board Instead. Either Extreme; A Fixed Exchange Rate Through A Currency Board, But No Central Bank, Or A Central Bank Plus Truly Floating Exchange Rates; Either Of Those Is A Tenable Arrangement. But A Pegged Exchange Rate With A Central Bank Is A Recipe For Trouble.

I Am Convinced That The Minimum-wage Law Is The Most Anti-negro Law On Our Statute Books In Its Effect, Not Its Intent.