A Lot Of The Evil In The

If The Choice Is Between Cooking Alive And Wasting Money Unnecessarily I Would Rather Waste Some Money, Because Long Before We Cook We Are Going To Kill Each Other If We Don't Deal With Climate Change.

It Is Much Easier To Put Existing Resources To Better Use, Than To Develop Resources Where They Do Not Exist.

The Generally Accepted View Is That Markets Are Always Right -- That Is, Market Prices Tend To Discount Future Developments Accurately Even When It Is Unclear What Those Developments Are. I Start With The Opposite View. I Believe The Market Prices Are Always Wrong In The Sense That They Present A Biased View Of The Future.

It's Not Whether You're Right Or Wrong That's Important, But How Much Money You Make When You're Right And How Much You Lose When You're Wrong

I Call Government That Works The Best For People Open Society, Which Is Basically Just Another More General Term For A Democracy That Is - You Call It Maybe A Liberal Democracy. It's Not Only Majority Rule But Also Respect For Minorities And Minority Opinions And The Rule Of Law. So It's Really A Sort Of Institutional Democracy.