The myth that the founding of American Republic was based on the philosophy of John Locke could only have been maintained, because the history of Leibniz's influence was suppressed.
The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.
The amount of resources we put in are disparate. We put billions of dollars into fuel-efficient technologies. How much are we putting into energy behavior change in a credible, systematic, testing way?
My work on human capital began with an effort to calculate both private and social rates of return to men, women, blacks, and other groups from investments in different levels of education.
I was born in 1940 in Hathazari, Chittagong, which is now part of Bangladesh. Education was always important to my parents, and with what little we had, they were able to provide an education for their children.
I'm not one of those who thinks the only way to fix what's wrong with American education is to throw more money at it. We also need to do it much better.
Creating whole departments of ethnic, gender, and other 'studies' was part of the price of academic peace. All too often, these 'studies' are about propaganda rather than serious education.
Those parts of history that would undermine the vision of the Left - which prevails in our education system from elementary school to postgraduate study - are not likely to get much attention.
There are things God does for me daily, and it throws me into brain lock, because I know in my heart I don't deserve that kind of grace. I don't deserve that break.
I think the great thing about characters is the ways that they can be surprising. I mean, sometimes you think you've got a lock on a personality, even just in life, and then they'll shock you by their behavior.
I'm the type of woman you might say is too good. I'll massage a man's feet, have dinner cooked when he gets home. But once they leave, the door is closed, and the locks are changed.
It is helpful to think of people as having two fundamental motivations: the desire to see ourselves as honest, good people, and the desire to gain the benefits that come from cheating - on our taxes or on the football field.
The fact is that when it comes to judgment as to what should be secret and what should not be secret, Julian Assange's judgment has been pretty good so far.
The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day.
If everyone is good at something different, assigning chores is easy. If your partner is great at grocery shopping and you are great at the laundry, you're set. But this isn't always - or even usually - the case.
The economy is much bigger than the market. We will not be able to build a good economy - nor a good society - unless we look at the vast expanse beyond the market.
I never saw my grandfather because he had died before I was born, but I have good memories of my grandmother and of how she could play the piano at the old house.
I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.
In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.
Behind closed doors they had what were legendary battles I hear but when the doors opened there was absolute unity. Not a crack could be found. No separation whatsoever. They were locked together for the good of the community.
I think life is sort of like a competition, whether it's in sports, or it's achieving in school, or it's achieving good relationships with people. And competition is a little bit of what it's all about.