[...] the free market is an illusion. If some markets look free, it is only because we so totally accept the regulations that are propping them up that they become invisible.
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. How 'free' a market is cannot be objectively defined. It is a political defi…
Human decisions, especially decisions by those who have the power to set the rules, make things happen in the way they happen, as I will explain. Even though no single decision-maker can be sure that her actions will always lead to the desired results, the decisions that have been made are not in s…
[...] Other people's words are so important. And then without warning they stop being important, along with all those words of yours that their words prompted you to write. Much of the excitement of a new novel lies in the repudiation of the one written before. Other people's words are the bridge…
[...] It is not possible to redistribute incomes unless the economic pie is growing. Democracy itself is more fragile when growth halts. [...]
