Commentary One of the wisest, most far-seeing, and most perceptive observations about our society was made decades ago by Dr. Jonas Salk, who developed the hugely successful polio vaccine. A few days before his passing in 1995, Dr. Salk was speaking with Herb Meyer, the top assistant to Herb Casey, President Ronald Reagan’s first Director…

Commentary White advocates of laissez-faire capitalism are a dime a dozen. Diminishing marginal utility is what makes black supporters of economic liberty, private property rights, and the profit and loss system far more important. This is true of anything: The more there is of something, the less precious is one more unit of it, whatever…