“Fight scarcity power and corruption; correct externalities; try to maximise information; get the incentives right; engage with other countries; and most of all embrace markets, which do most of these jobs at the same time.”
“We all would like to know more and, at the same time, to receive less information. In fact, the problem of a worker in today's knowledge industry is not the scarcity of information but its excess. The same holds for professionals: just think of a physician or an executive, constantly bombarded by information that is at best irrelevant. In order to learn anything we need time. And to make time we must use information filters allowing us to ignore most of the information aimed at us. We must ignore much to learn a little.”
“Many times in life, those who do the most correcting, need the most correcting.”
“In all countries, most of the time, official spokesman and official liar are the same thing!”
“Your kids require you most of all to love them for who they are, not to spend your whole time trying to correct them.”
“Of all powers, love is the most powerful and the most powerless. It is the most powerful because it alone can conquer that final and most impregnable stronghold which is the human heart. It is the most powerless because it can do nothing except by consent.”