Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.

As to the meaning of "corporate social responsibility," Friedman and I would agree: If a certain action improves the corporation's bottom line, there's no point in labeling it "socially responsible." It's just good business.

Regardless of how you interpret the facts, you have to come to the conclusion that inequality is widening in the US and in almost every other country.

In Washington, it's dog eat dog. In academia, it's exactly the opposite.

It is impossible to fight bullies merely by saying they're going too far.

I think that in politics, when people want to discredit a particular position, they say, "Oh, they are liberals," or "They are conservatives; we are centrists." Everybody wants to be a centrist.

Every organization, no matter who it is, just follow the money.