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

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

The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.

History is on the side of the regulators.

95% of Economics is common sense deliberately made complicated.

Equality of opportunity is not enough. Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of minimum income, education, and healthcare, we cannot say that we have fair competition. When some people have to run a 100 metre race with sandbags on their legs, the fact that no one is allowed to have a head start does not make the race fair. Equality of opportunity is absolutely necessary but not sufficient in building a genuinely fair and efficient society.

Low inflation and government prudence may be harmful for economic development.