People 'over-produce' pollution because they are not paying for the costs of dealing with it.

Making rich people richer doesn't make the rest of us richer.

[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.

Corruption exists because there is too much, not too little, market.

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

If we are really serious about preventing another crisis like the 2008 meltdown we should simply ban complex financial instruments, unless they can be unambiguously shown to benefit society in the long run. This is what we do all the time with other products-drugs, cars, electrical products and many others.

95 percent of economics is common sense made complicated, and even for the remaining 5 percent, the essential reasoning, if not all the technical details, can be explained in plain terms.