Because it's cheaper and easier to fly than ever before, air travel is becoming democratized.
I think technology has changed America, not any one organization. Technology is taking the power away from the few. There'll be a lot more choices, and good people who are doing serious stuff will survive and there'll be a lot more voices, and that is very healthy.
For so long, TV consisted of a limited number of shows a year, and those shows had to appeal to as many people as possible. The joy of TV now is that shows don't have to be broad anymore - they can be small, weird, and niche.
Regardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you're in the transaction business. They're wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy.
Marijuana was a new phenomenon when we started. Now it's for everyone - doctors, lawyers, presidents.
Who is not rich to-day when compared with his ancestors of a century ago? The steamboat and the railroad bring to his breakfast table the coffees of Java and Brazil, the fruits from Florida and California, and the steaks from the plains. The loom arrays him in garments and the factories furnish him with a dwelling that the richest contemporaries of his grandfather would have envied. With health and industry he is a prince
The upside of web-based journalism is that everybody gets a chance. The downside is that everybody gets a chance.
Higher education should be based on quality, not quantity; receive merit-based funding; and be free of unnecessary bureaucracy. Not the least of the benefits of educational reform is to foster the pride of achievement at national and international levels.
When I was growing up, you couldn't watch soccer on TV. But now, you can get it on every channel, every hour of the day, every day, literally.
