I think that markets classically fail in cases where there are public goods that provide benefits that people cannot capture. The big debate is how big these public goods are, where they exist, things of that sort.

In a world of scarce resources, globalization without new technology is unsustainable.

A true bubble is when something is overvalued and intensely believed.

A lot of the key to Apple's succes is Designing technology in order to hide it.

Long-term planning is often undervalued by our indefinite short-term world.

Monopoly is the condition of every successful business.

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.