History Is On The Side Of The

The Days Are Over When Technology Can Be Advanced In Laboratories By Individual Scientists Alone. Now You Need An Army Of Lawyers To Negotiate The Hazardous Terrain Of Interlocking Patents. Unless We Find A Solution To The Problem Of Interlocking Patents, The Patent System May Actually Impede The Very Innovation It Was Designed To Encourage.

The Free Market Doesn't Exist. Every Market Has Some Rules And Boundaries That Restrict Freedom Of Choice. A Market Looks Free Only Because We So Unconditionally Accept Its Underlying Restrictions That We Fail To See Them.

There Is A Big Logical Jump Between Acknowledging The Destructive Nature Of Hyperinflation And Arguing That The Lower The Rate Of Inflation, The Better.

Rational Thinking Is An Important Aspect Of Human Nature, But We Have Imagination, We Have Ambition, We Have Irrational Fear, We Are Swayed By Other People, We Get Indoctrinated And We Get Influenced By Advertising.

The Foundation Of Economic Development Is The Acquisition Of More Productive Knowledge.