I do tend to think that things that have incredibly long time horizons often do involve market failures.
[Facebook and Twitter] aren't the real problems in the office. The real problems are what I like to call the M&Ms, the Managers and the Meetings.
Unfortunately, we are finding the bureaucratic inefficiencies and red tape have a tendency to slow the efforts of individuals and communities working to rebuild.
Most of physics is about energy, and physicists understand inefficiencies. I wanted to write a book about our energy options in a neutral, human-accessible form.
I believe there are a lot of inefficiencies in the way technical innovation happens.
Much worse than the unavoidable inefficiencies of large government is the failure to fund the government we need.
Markets have built in inefficiencies, serious inefficiencies which are well known.
We accept, without sufficient consideration, a system that breeds inefficiencies and actually encourages the creation of shortages.
The reforms we seek would bring greater competition, choice, savings and inefficiencies to our health care system.
I do think there are some irreducible inefficiencies in government. But we still need to have government; we still need to make government effective if we can.
Unions are susceptible to the same ills that befall all human societies.
It is amazing what colleagues tell you about the inefficiencies and about what works and what doesn't. It is a real-life check on our ideas.
Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.