Much of economics isn't difficult, or rather, the difficulty is in cooking up arguments to "prove" that commonsense conclusions are wrong. The fact is that many commonsense conclusions are quite correct, and it takes a lot of education to get you to believe different.

The American way of war is to build an army, then another, then a third, while building fleets. If the war is still on at that point we smash.

Microsoft has gotten so big that it can put out a Preview that will install itself without checking first to see if it has expired. The message here is that Microsoft's time is worth more than yours.... no start-up company could get away with being that arrogant.

In any ethical situation, the thing you want least to do is probably the right action.

I have a big collection of quotation programs...In particular, I like MCR Software's Wisdom of the Ages, which has the best selection of relevant quotes I know.

Write a lot. And finish what you write. Don't join writer's clubs and go sit around having coffee reading pieces of your manuscript to people. Write it. Finish it. I set those rules up years ago, and nothing's changed.

Much of economics isn't difficult, or rather, the difficulty is in cooking up arguments to "prove" that commonsense conclusions are wrong. The fact is that many commonsense conclusions are quite correct, and it takes a lot of education to get you to believe different.