Don't trust, just verify.

As W.C. Fields once said: a thing worth having is a thing worth cheating for.

In the United States especially, politics and economics don’t mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.

People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.

When people don’t pay the true cost of something, they tend to consume it inefficiently.

Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.

Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live.