Rational thinking is an important aspect of human nature, but we have imagination, we have ambition, we have irrational fear, we are swayed by other people, we get indoctrinated and we get influenced by advertising.

Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.

History is on the side of the regulators.

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.

It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

Culture changes with economic development.

The invention of the printing press was one of the most important events in human history.