Older people do a better job of managing their impulses, and so they're better able to put off putting off.

Capitalism, after all, is no fun when real failure becomes a possibility.

Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse races, election outcomes, and box-office results. But they're bad at predicting things like who will be the next Supreme Court nominee, as that depends on the whim of the president.

I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient.

Sometimes you have to destroy your business in order to save it.

Being unemployed is even more disastrous for individuals than you'd expect. Aside from the obvious harm - poverty, difficulty paying off debts - it seems to directly affect people's health, particularly that of older workers.

Traditionally, tours were a means of promoting a record. Today, the record promotes the tour.