Occupation: Economist Birth: January 21, 1962
Social systems proceed by (usually) covering up the brutalities upon which they are based. The doctor doesn't let you get to his door and then turn y….
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 attacki….
Our time and attention is scarce. Art is not that important to us, no matter what we might like to believe..
Real cultural diversity results from the interchange of ideas, products, and influences, not from the insular development of a single national style..
The hours from 7 to 12 are your time to build for the future before the world descends on you..
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..
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 i….
Newton expected no money from establishing his originality but rather desired recognition for his excellence..
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 re….
We need to accept the principle that sometimes poor people will die just because they are poor..
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 ….
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….
Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish it I will be giving it a second read th….
Marcel Proust shut out visitors from his cork-lined room, where he wrote, but he probably expected to be immortalized in the literary canon. Even the….
Our love of art is often quite temporary, dependent upon our moods, and our love of art is subservient to our demand for a positive self-image. How w….
For many artists fame complements the value of creative self-expression. Ludwig van Beethoven loved composing music, but he probably would have enjoy….
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;….
Food is a product of supply and demand, so try to figure out where the supplies are fresh, the suppliers are creative, and the demanders are informed..
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 ….