You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.

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

If companies tell us more, insider trading will be worth less.

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

In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

Disasters redistribute money from taxpayers to construction workers, from insurance companies to homeowners, and even from those who once lived in the destroyed city to those who replace them. It's remarkable that this redistribution can happen so smoothly and quickly, with devastated regions reinventing themselves in a matter of months.