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.
Francis FukuyamaBe 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.
Francis FukuyamaIn 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.
Francis FukuyamaIf people who have to work together in an enterprise trust one another it is because they are all operating to a common set of ethical norms....such a society will be better able to innovate...since the high degree of trust will permit a wide variety of social relationships to emerge.
Francis Fukuyama