The economy works best when better ideas win out over worse ideas, harder work wins out over less work, when it's a fair fight in the marketplace.

If large numbers of people believe they have no shot at a better life in the future, they will work less hard and generate fewer new ideas and businesses. The economy, as a whole, will be poorer.

The harder you fight, the worse it makes it, and you end up getting pulled out and you drown,

We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.

Sometimes it's worse to win a fight than to lose.

The Internet is, among other things, a massive, chaotic marketplace. Too much information, it turns out, is a lot like no information.