Our system here of creating value for others and having people do the right thing, exchange information, and so on only works if people have the right values.

I always wanted to be different and do things differently. I was a pain in the neck. I was challenging everything you wanted me to do and challenging people in school.

If you never failed, then you're probably not doing very much.

If you have methods without principles, you're going to have trouble. But if you develop methods based on principles, then you can make progress.

If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one because then the person isn't equipped to deal with the economics profession.

The easy way to make money is to get special political privilege. From the beginning of time, business has cozied up to government and gotten restrictions on competition and subsidies and stuff.

In America, we are just moving the chairs around and spending huge amounts of money rather than having them go in making people's lives better.