A lot of the letters that are coming in - a lot of them are queries or comments - are one sentence long... These are from Twitter. And if you look at the nature of those one sentence letters, most of the time it's something that came to somebody's mind - somebody walking down the street had a thought and sent it out. If they thought about it for two minutes they would not have sent it.

It is not that I am not a fan of American exceptionalism. That is like saying I am not a fan of the moon being made out of green cheese - it does not exist. Powerful states have quite typically considered themselves to be exceptionally magnificent, and the United States is no exception to that. The basis for it is not very substantial to put it politely.

We're supposed to worship Adam Smith but you're not supposed to read him. That's too dangerous.

You are responsible for the predictable consequences of your actions.

Caterpillar was quite important because that was the first manufacturing industry that used Reaganite strike-breaking techniques. They illegally called in scabs to break a major strike. It was reported pretty well in the Chicago Tribune, who pointed out something very interesting. They said that the workers got very little support in Peoria when scabs illegally broke the strike, and that was particularly striking because that whole community had been built up by the union - it was a union-based community.

In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money goes into the pockets of Bill Gates and Steve Jobs, who are ripping off decades of work in the public sector.

I wouldn't say that the efforts of academics to critique the media's messages are "half-hearted." As far as I am aware, the efforts scarcely exist: very few even pay attention to the question.