A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'

Innovation must lead infrastructure for a simple but compelling reason: Innovation produces new types of products and markets, and it is virtually impossible to know how to run those markets efficiently before they are created.

If we internationalize everything, we end up with rules that stifle freedom and innovation.

Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off?

Written laws are like spiders' webs, and will, like them, only entangle and hold the poor and weak, while the rich and powerful will easily break through them.

When you look at what we spend on entertainment, whether it's on CDs, music, DVDs, there is so much money invested in that, people want to know a little more about the stars they're paying to see or hear.

I used to do stand-up, actually. I had a ten-minute routine I did for a thing called 'Stand Up for Labour' where we'd go around different seats and use comedy to raise money. I stopped doing this routine when I started running for mayor.

Success' is a seductive word. Thousands of books have been written on the subject. They promise money, freedom, leisure, and luxury.