If 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.

To truly esteem oneself means that one must be capable of feeling shame or self-disgust when one does not live up to a certain standard

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.

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.

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.

If networks are to be more efficient...this will come about only on the basis of a high level of trust and the existence of shared norms of ethical behavior between network members

Be 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.