When I Was A Young

I Believe In Markets Doing What They Do Well, Which Is To Develop Technology, And Letting Citizens Do What They Ideally Do Well, Which Is To Set Policy.

Oh, That All The Things My Father Had Told Me About How Disgusting Washington Is Are True. And Again It's The System - There Are Lots Of Nice, Well-meaning People There. But It's A Sleazy Place. And Politics Is All About Doing Favors.

I've Seen Disgusting Excess In Business, And I've Seen Disgusting Excess In Washington. But At The Same Time, I've Certainly Learned That Washington Matters And That You Can't Ignore It, Especially When You Get Into Telecom.

People Still Have A Choice, But, If They Find It All Too Confusing, Or They Just Want Someone Else To Make A Choice For Them, There's A Default That Works Pretty Well. That's This Concept Of Libertarian Paternalism. And It's Handy.

And The Russians Certainly Don't Have It. If A Woman Shows Up In A Fur Coat, I Just Assume She's A Crook. And That's Me, The Nice American. The Assumption That You Can't Make Money Honestly Is A Killer.