Labor is getting a shrinking slice of a pie that's not growing very much.

I'm not yet convinced that we will face an unemployment problem created by AI. There will certainly be some occupations eliminated - drivers of vehicles, many production jobs, etc. Whether this creates mass unemployment depends on how quickly this happens. If it happens overnight, it will be a huge disruption.

If I lose my job at a furniture factory where I've worked for decades, no amount of cheaper toys and raincoats at Wal-Mart is going to make me whole again.

Markets are, in many settings, self-organizing and 'efficient' in terms of maximizing the welfare of both buyers and sellers.

Generations of devoted American history buffs have spent countless hours reading and writing long books about the American Revolution without ever having come across the name of Dr. Thomas Young. Yet it was Young who came up with the idea for the original tea party - the one in Boston Harbor.

I am an advocate of education. It is the panacea for all that ails us in our society.

I met Arthur Ashe a few times. I know how important education was to him.

The best part of the high school in Hastings must have been the Music Department. Its orchestra and concert band did well in county competitions, and the dance band formed by its students was the best in the region. I played lead trumpet in all of them.