Medical tourism can be considered a kind of import: instead of the product coming to the consumer, as it does with cars or sneakers, the consumer is going to the product.

If companies tell us more, insider trading will be worth less.

Paradoxically, the best way for a group to be smart is for each person in it to think and act as independently as possible.

I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient.

Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.

In the business world, bad news is usually good news - for somebody else.

Most of the work on multitasking suggests that it generally makes you less efficient, not more.

It may be that the very qualities that help people get ahead are the ones that make them ill-suited for managing crises. It's hard to prepare for the worst when you think you're the best.

The important thing about groupthink is that it works not so much by censoring dissent as by making dissent seem somehow improbable.

Although oil is a commodity, it's still not a commodity like coffee, which, thank God, we will have with us always. At some point the oil will run out.

If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

Good medicine always tastes bad.

I think we d like life to be like a train..but it turns out to be a sailboat.

Memo to Congress: America's problem is not that government is too small. It's the spending, stupid!

Revenge was a very wild kind of justice.

Truthless times need timeless truths.

The meaning of life is contained in every single expression of life.

The light that shines the farthest will shine the brightest at home.

I left Russia in 1993 optimistic that democracy had taken hold despite the obstacles.

Why beer is better than wine: human feet are conspicuously absent from beer making.

I'm just as normal as anybody else. I'm just probably in the same place as many people in their mid to late twenties are.