Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style.

My view of the internet is that it is way overrated in what it’s done to date but considerably underrated in what it will do.

Understanding economics can help you make better decisions and lead a happier life.

Beethoven and Michelangelo, who sold their artworks for profit, were entrepreneurs and capitalists.

If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.

Marshall Jevons is the pioneer for integrating economics and detective fiction, and The Mystery of the Invisible Hand is another fine effort in this genre.

The key questions will be: Are you good at working with intelligent machines or not? Are your skills a complement to the skills of the computer, or is the computer doing better without you? Worst of all, are you competing against the computer?