If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.

My biggest problem with modernity may lie in the growing separation of the ethical and the legal

By all means, avoid words—threats, complaints, justification, narratives, reframing, attempts to win arguments, supplications; avoid words!

An erudite is someone who displays less than he knows; a journalist or consultant the opposite.

You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool for improvement.

A country's assets reside in the tinkerers, the hobbyists, and the risk-takers.

It's not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.