Wal-Mart uses technology to increase sales volume, but the more it does so, the more it drives down profit margins - its own and everybody else's. The same logic does not appear to hold for Goldman Sachs.

Ultimate success for a carbon tax would mean so complete a shift to renewable energy that the tax would stop raising much revenue at all.

Right now, as I'm typing this, some liberal somewhere is saying something unforgivable about Michelle Bachmann or Ann Coulter. I condemn you, whoever you are! But I'm not going to conduct a house-to-house search to find you.

Timothy Noah Quotes