The washing machine changed the world more than the Internet.

95% of Economics is common sense deliberately made complicated.

Manufacturing is the most important...route to prosperity.

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

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.

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.