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

I sometimes call Donald Trump the placebo president. He will talk a big game, but for domestic policy I think change remarkably little.

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

Economics is sometimes associated with the study and defense of selfishness and material inequality, but it has an egalitarian and civil libertarian core that should be celebrated.

People feel better because Donald Trump says all kinds of things no one else would say and we get certain tendencies out of our system. So if attacking immigrants, say, is a substitute for doing something worse, there's at least a scenario under which that's a better alternative than something else that might have happened.

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?

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