Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they're likely to increase prices, since they've learned that if they don't, and inflation hits, their businesses will be wrecked.

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

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.

Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.

Most of the work on multitasking suggests that it generally makes you less efficient, not more.

In conditions of uncertainty, humans, like other animals, herd together for protection.

Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.