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" In removing the friction involved in paying bills, electronic billing has substantially increased the friction involved in not paying them. "

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" Voters care only that student loans remain freely available and that they cost taxpayers as little as possible. "

" The liberation of Iraq, which is already hard to justify from the perspective of American interests, at least had the virtue of freeing Iraqis from a brutal dictator. Despite all the anarchy and violence, life has gotten better for most Iraqis. "

" Income inequality has gotten worse under President Barack Obama. "

" Republicans don't seem to mind taking inflation into account when the subject is tax rates. "

" Whenever a president nominates somebody to a high-profile post, there is always the risk that some skeleton, real or imagined, will emerge from the nominee's closet and doom the whole enterprise. "

" Inequality doesn't create unhappiness. "

" Markets can do many wonderful things, which is why I'm glad to live in a capitalist country. "

" Washington is a place where politics and economics often aren't on speaking terms. "

" Being a teacher is back-breakingly difficult work. It is also extremely important work. "

" Federal law prohibits anyone convicted of a felony from owning a gun. Seems like kind of a good idea, no? "

" The Sudan bombing is a blot on the Clinton presidency, and a blot it ought to remain. "

" Electing Barack Obama president was a glorious Jackie Robinson moment for the United States of America. Obama didn't just win; he became the first Democrat since Jimmy Carter to win a popular-vote majority. "

" What people want is big government that they don't have to pay for. "

" Success is a wonderful thing, but it tends not to be the sort of experience that we learn from. We enjoy it; perhaps we even deserve it. But we don't acquire wisdom from it. "

" The intriguing aspect of food charges on airlines is that they create the perfect laboratory for any economist who wishes to study the question of how to price a good that possesses, by universal consensus, absolutely no objective value. "

" Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse. "

" Loopy as the Motion Picture Association of America's ratings system is, it's better than what you'd probably get by putting such decisions in the federal government hands. "

" When Grover Norquist launched his project to name anything and everything after Ronald Reagan, I humbly proposed that the deficit be re-christened 'the Reagan.' "

" I've come to the conclusion that the government needs to impose price controls on tuition increases - and so, I think, has President Obama. "

" In shuttering Yucca Mountain, Obama makes it extremely likely that nuclear power in the United States will continue its long, slow, and extremely welcome death. "

" Being superintendent or the superintendent's chief of staff is important work, but there's no chance it's as difficult as being a teacher, and I hesitate to say that it's as important. "

" The idea that the business world's needs get ignored in Washington is perpetuated by business so it can fulfill even more of its needs, real or imagined. "

" On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details. "

" Republican presidents talk about freedom. Democratic presidents talk about equality. "

" Deciding which ideas to save and which ideas to discard is one of society's most important tasks. "

" In Washington, the accepted method for passing along information about how the government fails to meet real-world needs is to leak it. "

" For any politician who didn't enter office a wealthy man, nothing says 'I take bribes' like a Rolex watch. "

" I'm all for lifting the payroll-tax cap, if only to make payroll taxes a little less regressive. "

" Ultimate success for a carbon tax would mean so complete a shift to renewable energy that the tax would stop raising much revenue at all. "

" Within the narrow confines of Permanent Washington - the journalists, lobbyists, and congressional lifers who are the city's avatars of centrism and continuity - Ford is considered the beau ideal of American leadership. "