China is never going to be a global model. Western system is really broken in some fundamental ways, but the Chinese system is not going to work either. It is a deeply unfair and immoral system where everything can be taken away from anyone in a split second.

It was the slave's continuing desire for recognition that was the motor which propelled history forward, not the idle complacency and unchanging self-identity of the master

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.

The desire for economic prosperity is itself not culturally determined but almost universally shared

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.

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

For capitalism flourishes best in a mobile and egalitarian society