The debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.

The something of somewhere is mostly just the nothing of nowhere.

Whatever the career, sales ability distinguishes superstars from also-rans.

Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women - two constituencies that are notoriously tough for libertarians - have rendered the notion of "capitalist democracy" into an oxymoron.

Twitter is hard to evaluate. They have a lot of potential. It's a horribly mismanaged company — probably a lot of pot-smoking going on there. But it's such a solid franchise it may even work with all that.

Darwinism may be a fine theory in other contexts, but in startups, intelligent design works best.

All Rhodes Scholars had a great future in their past.