Poverty is not the simple result of bad geography, bad culture, bad history. It's the result of us: of the ways that people choose to organize their societies.
Copied to Clipboard
Copied to Clipboard
I'm not the first to admit that raising a child in Park Slope, Brooklyn, can bear an embarrassing resemblance to the TV show 'Portlandia.' My wife and I try to have some ironic distance from the culture of organic, chemical-free parenting, but we're often participants.
Copied to Clipboard
Copied to Clipboard
The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.
Copied to Clipboard
Copied to Clipboard
Unlike physics, economists don't settle things. There seems to be plenty of room for different conclusions that are still accepted in the academy.
Copied to Clipboard
Copied to Clipboard
The Internet is, among other things, a massive, chaotic marketplace. Too much information, it turns out, is a lot like no information.
Copied to Clipboard
Copied to Clipboard
What we want as an economy is companies and people, you know, working hard to come up with creative ways to be more productive. We don't want companies and people working hard to lobby government for special tax cuts.
Copied to Clipboard
Copied to Clipboard
One of the great political and economic challenges of our time is figuring out the balance between wealth that benefits society and wealth that distorts.
Copied to Clipboard
Copied to Clipboard
In poor countries, the rich and powerful crush the poor and powerless.
Copied to Clipboard
Copied to Clipboard
The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.