Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.

Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.

When life is at that extremely hard time, all we can control is our attitude.

In life, the things that go wrong are often the very things that lead to other things going right.

In theory we are all equal before the law. In practice, there are overwhelming privileges that come with winning the birth lottery.

Money and power by themselves are a two-legged stool. You can balance on them for a while, but eventually you're going to topple over.

Clearly drive, IQ, and hard work are incredibly important. But ultimately what matters most is resilience--the ability to quickly rebound from failures, indeed to see failure as a stepping stone to success.