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”If you give talented people the opportunity to create wealth, they will do so. If you give talented people the opportunity to extort wealth, they will do so. Don’t credit me with saying that. It’s Libertarianism 101.”

💬 Arnold Kling

“What, pray tell, would Trump have said at this dinner, in order to convey that he was willing to bury the hatchet he spent the entire campaign swinging at Hillary’s head?”

💬 Bess Levin

“It’s summer, and I got a note that politely encouraged a few forays into brevity.”

💬 Brian Morrisey

It could equally well have been directed at me!

“Capital is that part of wealth which is devoted to obtaining further wealth.”

💬 Alfred Marshall

“The most valuable of all capital is that invested in human beings.”

💬 Alfred Marshall

“We might as well reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by demand or supply.”

💬 Alfred Marshall

Bad News is Good News.

“I started talking about the Machine Internet nearly 20 years ago, before it was even called “the Internet of Things.” Sensors and motes, tied to an analysis by wireless …

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“Find a writer you like and read them. If you can’t find the writer whose work you want to read, become that writer. That’s what I did. It’s great.”

💬 Cory Doctorow

The Full Story

“My spidey-sense feels good about it. If everyone registers, if everyone votes, if all the votes are counted and reported fairly, most people will be satisfied with the outcome.”

💬 Dana Blankenhorn

I think Dana is very … very … wrong.

Unless by ‘most’ he means the majority … which by definition of the setup he describes is a self fulfilling prophesy.

But we all know that what he describes is not going to happen.

It’s that word ‘everyone’.