In many ways, love seems to be totally divorced from economics. But then you realize - well, the stakes are high. This is something that matters to us. We're dealing with scarcity. I mean, if you're dating one person, at the very least, you don't have as much time to date another person. And you may well find that you can only date one person at a time.

Loss aversion is a really disproportionate anxiety about stuff that doesn't matter very much. So for instance, if you lose $5, you feel really bad about the $5 you've lost. You're cursing yourself. You're going through it again and again. If, on the other hand, you find $5, you go - hey, great, five bucks. And you've forgotten about it really quickly.

Failure is inevitable; it happens all the time in a complex economy.

People today dont become economists to make the world a better place.

Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.

Failure in Innovation - it's a price worth paying.

Love may be boundless and abundant, but time isn't. Time is finite.