For capitalism flourishes best in a mobile and egalitarian society

For capitalism flourishes best in a mobile and egalitarian society

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.

The nation will continue to be a central pole of identification, even if more and more nations come to share common economic and political forms of organization.

The passing of Marxism-Leninism first from China and then from the Soviet Union will mean its death as a living ideology ... . For while there may be some isolated true believers left in places like Managua, Pyongyang, or Cambridge, MA.

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.