Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
One man's opportunism is another man's statesmanship.
Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes.
Is it really true that political self-interest is nobler somehow than economic self-interest?
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.