Well-roundedness comes not from sitting in a classroom but from experiencing the larger world.
Alex TabarrokPatents are like fertilizer. Applied wisely and sparingly, they can increase growth. But if you apply too many chemicals, or make patents too strong, then you can leach the land, making growth more difficult.
Alex TabarrokHollywood wants its heroes to be virtuous, but it defines virtue in a way that excludes any action that is self-interested. If virtue means putting others ahead of self, then it's clear that most people, let alone most capitalists, aren't very virtuous.
Alex TabarrokMichael Moore didn't have to worry that anyone would misinterpret the title of his film, 'Capitalism: A Love Story,' because in Hollywood, no one loves capitalism. That's too bad, because Hollywood is one of capitalism's greatest successes.
Alex Tabarrok