In The '90s It Was Irrational Exuberance.

Yale Law School Was The Kind Of Place You Went If You Felt You Needed To Go To Law School, Maybe, For Your Resume, But You Really Didn't Want To Practice Law. You Wanted To Do Public Policy, Or Maybe Go Into Politics.

We're Now Moving Toward A Radically Different Economy. You Absolutely Can't Have A Distribution Oligopoly. The New Oligopolies - And I Think There Will Be New Oligopolies - Will Be Oligopolies Of Trustworthiness. Microsoft, Amazon, Schwab, And Other Brands Will Dominate Psychic Space, Not Shelf Space.

Technology Enables Consumers And Investors To Have Extraordinary Choice And Ease Of Switching, Which, In Turn, Stimulates Much Fiercer Competition Than Ever Before, Which, In Turn, Makes It Imperative For Every Institution To Innovate Like Mad. That Innovation Is Powering Our Economy These Days, And It Requires Companies To Find And Utilize Creative Workers. That's The Most Important Syllogism Going; Technology Is Embedded In That Syllogism, But It's Not As If We're Seeing These Productivity Gains Because Of The Technology.

One Thing I've Learned From 35 Years In The Classroom Is That People Learn Best When They Are Laughing, When They Are Emotionally Hit, That It's Both The Brain And The Heart.

I Want A Shot For People Like Me To Grow Up And Do Something With Themselves.