Be afraid of the Chinese. I mean, the Chinese shoot down satellites in space; they hack into Google's computers; the Osama bin Laden people can't make their underwear blow up.

As a piece of travel literature alone, 'The Ends of the Earth' succeeds in providing a tangible sense of the sweaty, smelly reality of many exotic points on the map, with glimpses of their cruelty but also, occasionally, of beauty and human kindness. As a piece of analysis, it is deeply thought-provoking.

Neoclassical economics ... has uncovered important truths about the nature of money and markets because its fundamental model of rational self-interested human behavior is correct about 80% of the time.

For capitalism flourishes best in a mobile and egalitarian society

Be afraid of the Chinese. I mean, the Chinese shoot down satellites in space; they hack into Google's computers; the Osama bin Laden people can't make their underwear blow up.

It was the slave's continuing desire for recognition that was the motor which propelled history forward, not the idle complacency and unchanging self-identity of the master

In the future the optimal form of industrial organization will be neither small companies nor large ones but network structures that share the advantages of both.