The Concept Of A General Equilibrium Has

Regulating And Taxing Marijuana Would Simultaneously Save Taxpayers Billions Of Dollars In Enforcement And Incarceration Costs, While Providing Many Billions Of Dollars In Revenue Annually.

Taking This View, It Is Possible To See Financial Markets As A Laboratory For Testing Hypotheses, Albeit Not Strictly Scientific Ones. The Truth Is, Successful Investing Is A Kind Of Alchemy.

Studying Economics Is Not A Good Preparation For Dealing With It.

I Am Against Market Fundamentalism. I Think This Propaganda That Government Involvement Is Always Bad Has Been Very Successful - But Also Very Harmful To Our Society.

I Used To Be Opposed To The Idea Of Social Entrepreneurship. I Said, You Know, Let Business Be Business, And Philanthropy Be Philanthropy. Keep The Two Separate, Don't Mix It Up, And This Is What I Did, And I Did That Rather Successfully, But I Now Recognize That Actually You Do Need To Mix It Up And I Think There Is Room For Social Entrepreneurship.