Assume The Worst About People And You

A Well-designed Welfare State Can Actually Encourage People To Take Chances With Their Jobs And Be More, Not Less, Open To Changes.

In Manufacturing, Where Mechanization And The Use Of Chemical Processes Are Much Easier, It Is Easier To Raise Productivity Than In Services. In Contrast, By Their Very Nature, Many Service Activities Are Inherently Impervious To Productivity Increase Without Diluting The Quality Of The Product.

We Are Not Smart Enough To Leave Things To The Market.

95% Of Economics Is Common Sense Deliberately Made Complicated.

Culture Changes With Economic Development.