The more information that's out there, the greater the returns to just being willing to sit down and apply yourself. Information isn't what's scarce; it's the willingness to do something with it.

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

The right wing will be identified with the monied class, even when the left often has more money. And the left wing will be identified as the whiners, even though the right at times whines as much or more. You might say that both sides are monied, high human capital whiners, on the whole.

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

The hours from 7 to 12 are your time to build for the future before the world descends on you.

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?

I'm not optimistic about reform in many, if any, policy areas at all. I think we'll make further progress by inventing new things that aren't much regulated yet and outracing bad policy. I look at so many policy areas - regulation, regulatory reform, health care reform - it's all failing, we're not making improvements, we're going backwards.