We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.

Nuclear energy is a baseload - meaning it's power that you can run any time you want, day or night - and carbon-free.

If people don't get paid for their inventions, that's not a good thing. In the case of many patents, there are people who aren't in a position to take them to the next level. If you don't enforce your rights, no one is going to enforce them for you.

Three things about water affect almost all of cooking. First are the hydrogen bonds, which is why it has an incredibly high boiling point. Another is that it's a polar molecule, so that it dissolves a lot of things, and there are things that won't mix with it. And then there's how much energy it takes to heat water.

The world has shown that if you provide capital and expertise to an area that is starved for capital and expertise, really good things will happen.

When we first did 'Modernist Cuisine,' I think most people in cookbook publishing would have said, 'This is insane.'

Nobody wants a prediction that the future will be more or less like the present, even if that is, statistically speaking, an excellent prediction.