If budget planning requires gathering information from people who may not always have the incentive to disclose that information, then the principles of mechanism design can definitely be of use in such planning.

In an industry with highly sequential innovation, it may be better for society to scrap patents altogether than try to tighten them.

Prediction is certainly a valuable goal in science, but not the only one. Explanation is also important, and there are plenty of sciences that do a lot of explaining and not much predicting.

I don't want to make public statements about issues that I have not studied in detail.

I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs.

When I started Go Daddy, I tried many things - like building networks and selling education - and none of it panned out. I lost millions of dollars the first couple of years. I made a lot of wrong turns, but that's the process of being successful in business.

Popularity makes no law invulnerable to invalidation. Americans accept judicial supervision of their democracy - judicial review of popular but possibly unconstitutional statutes - because they know that if the Constitution is truly to constitute the nation, it must trump some majority preferences.

Even Gaddafi's adversaries assure us that he stood out for his intelligence as a student; he was expelled from high-school for his anti-monarchic activities. He managed to enroll in another high-school and later graduated in law at the University of Benghazi at the age of 21.