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A crackpot theory. Instead of saying labor's exploited, as Marx did, Kelso says capital's exploited. It's worse than Marx. It's Marx stood on its head.
It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis.
Hong Kong is the bellwether. If the Chinese stick to their agreement to let Hong Kong go its own path, then China will also go that way. If they don't, that is a very bad sign. I'm optimistic.
We have a freer world because of the collapse of the Soviet Union and the changes in China. Those two have been the main contributors to freedom in our time.
It is true that a competitive market is not the whole of society. A great deal depends on the qualities of the population and the nation in how they organize the non-market aspects of society.
On aging societies, there is no reason why a country that has a lot of old people can't be prosperous if, during their working lives, individuals provide for their retirement.
The Soviet experience was much worse than experts in the West had thought. That discovery had a tremendous impact both on the intellectual community and on the public at large.
It doesn't worry me a bit that China and Japan hold so much US debt. In a way, it seems foolish for them to do it because they get lower returns than they might elsewhere. But that is their business.
The whole youth-idolatry oh-god-not-another-birthday thing has to be the most sure-fire way to be unhappy about the way things are progressing in your life.
I am very gratified to have lived to see a revolution in the field of work/life: Everyone - men and women, employees and employers - now has this issue top of mind.
Right now we're in the midst of a grand experiment on how best to harness the incredible power of the Internet while we struggle to maintain useful boundaries among the different parts of our lives.
Having a 9-to-5 workday in which work is left behind when one leaves the office is no longer the norm as employers expect employees to be available outside of work.
Young men now want to be caregivers as well as earners so they have joined with women in demanding a different compact at work; they want flex and time for family too.
Family, community, and the realm of the private self - your mind, body, and spirit - are all important sources of the inspiration, support, and ideas we all need to lead the lives we want.
Michelle Obama is a powerful example of someone who has learned how to align her actions with her values, manage boundaries across domains of life, and embrace change courageously.
Communism was a great system for making people equally poor - in fact, there was no better system in the world for that than communism. Capitalism made people unequally rich.
Never before in the history of the planet have so many people, on their own, had the ability to find so much information about so many things and about so many other people.
If we don't have a more serious energy policy, the difference between a good day and bad day for America from here on will hinge on how the 86-year-old king of Saudi Arabia manages...change.
American young people have got to understand from an early age that the world pays off on results, not on effort. Not everyone should win a prize no matter where he or she finishes.