In my syndicated column this week, I explain why, in a free market economy, greed works.

On TV, my Fox colleague Bill O'Reilly says, "The recession was brought on largely by greedy Wall Street corporations."

Give me a break.

Bill's smart. If he believes such things, we who care about freedom have done a poor job communicating economics.

Blaming problems on "greed" is a mindless cliché. ... continue reading »

Who did more for the world? The jailed-financier Michael Milken or Mother Teresa? To most people, the question is absurd.

On my show tonight, liberal blogger Sally Kohn answers, "of course, I'm going to go with Mother Teresa...because my heart goes out to her and I think she was a good person."

I assume she was a good person. But when it comes to "doing more for the world", what does that matter?... continue reading »