"Excessively precise economic analysis can lead to assessing everything in terms of its easily measurable melt value - the value that thieves get from stealing copper wiring from isolated houses, that vandals got from tearing down Greek temples for the lead joints holding the marble blocks together, that shortsighted timber companies get from liquidating their forests. The standard to insist on is live value. What is something worth when it's working?"

“Certain knowledge of what to fight for, and what to fight against, gives meaning to life and provides its own version of discipline: never give up. That kind of meaning is illusory, I now believe, and blinkered. Fealty to a mystical absolute is a formula for disaster, especially in transformative times.”

“In our researches on the likely economic apocalypse it's become clear what is the prime survival tool for hard times: friends. Good friends. Lots of them.”

“We are as gods and might as well get good at it.”

“Science is the only news. When you scan through a newspaper or magazine, all the human interest stuff is the same old he-said-she-said, the politics and economics the same sorry cyclic dramas, the fashions a pathetic illusion of newness, and even the technology is predictable if you know the science. Human nature doesn’t change much; science does, and the change accrues, altering the world irreversibly.”

“Information wants to be free. (Excerpted from: "On the one hand information wants to be expensive, because it's so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting against each other.”

“Every interview with a public figure should include the question "What have you been wrong about, and how did that change your views?" The answer will tell us if the person is intellectually honest or a tale spinner with delusions of infallibility.”