I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.

Defense contractors are able to reap tremendous profits while rarely confronting the risks for which those profits are supposed to be the reward.

Congressional Republicans themselves have vehemently defended the idea that preexisting conditions should not be used to deny people insurance.

The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.

The paradox of Steve Jobs's career is that he had no interest in listening to consumers - he was famously dismissive of market research - yet nonetheless had an amazing sense of what consumers actually wanted.

On the simplest level, telecommuting makes it harder for people to have the kinds of informal interactions that are crucial to the way knowledge moves through an organization. The role that hallway chat plays in driving new ideas has become a cliche of business writing, but that doesn't make it less true.

Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.