I am all for trying to teach household finance in schools, starting as early as possible. And when it comes to high school, I think learning about compound interest is at least as important as trigonometry or memorizing the names of all 50 state capitals.

It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working.

High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.

The sad truth is that many behavioral economists know very little about psychology.

There can be legal conflicts over whether registering intent is enough to qualify you as an organ donor or whether a doctor must still ask your family's permission.

It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine.

Many problems are so complex that even if we had the money to fix them, we wouldn't know how to do it. Fixing inner-city schools, reducing obesity, creating peace in the Middle East are just a few examples.

The government employs scientists of many varieties in technical capacities, from estimating the environmental toxicity of a chemical to the structural soundness of a bridge. But when it comes to forming policies, these scientists and, especially, behavioral scientists are rarely at the table with the lawyers and the economists.

I think adidas really understands that it's cool to be in business with the right people. It really feels like a bunch of creative minds rather than some rap guys stamping their names on a sneaker. We're arguing over shoes, ideas, and everything - it's like a tug of war.

More than anything, Play Cloths has taken risks in regards to the pieces of clothing that we're even creating. We started out as straight T-shirts. It was just T-shirts and a couple cool things. Now, it's leisure pants, it's all types of clothing. We're evolving even with fashion trends on a super high level.

What I learned from Rockefeller that's off-the-hook important is: You need to know exactly where you stand in a business at all times. Measure everything, because everything that is measured and watched improves.

The Internet has changed everything. We expect to know everything instantly. If you don't understand digital communication, you're at a disadvantage.

My strengths as a businessman lie in the design and sale of women's shoes, and I have never been comfortable with complicated or technical legal or business documents.

I could design an $800 shoe line; it's easy. You use the best materials and you can make beautiful shoes. It's easier than making great shoes for $90.

So much of design is context.

The fundamental rule of the business traveller must be nothing must stop you from getting there.

When you travel on Christmas, for you as the traveler - whether you're in 1A or 39D - there is a mental state that you have to put yourself in: that you're traveling at the busiest time of the year, and you're going to take whatever comes your way.

If I try and be something I am not, if I try and be cool, and I am not, I am a boring white man in a suit. Usually a pin-striped suit.

Whatever happens to bitcoin, other cryptocurrencies are gaining ground and more respect. Ethereum, for instance, has far more transparency.

In Davos during the WEF, we have government heads like David Cameron, Shinzo Abe, Tony Abbott, and Dilma Rousseff. These are the people who can actually get something done.

The fact is that the rich are getting richer while the poor are being left behind. Women remain under-represented in boardrooms and under-engaged in the global workforce. Environmental change is leaving the poorest countries vulnerable. Voters are becoming more and more politically polarised and partisan.

I think Steve Jobs is a historic figure. He's not only a historic figure in business, but really in America.

We need a wireless mobile device ecosystem that mirrors the PC/Internet ecosystem, one where the consumers' purchase of network capacity is separate from their purchase of the hardware and software they use on that network. It will take government action, or some disruptive technology or business innovation, to get us there.

There are lots of reasons email persists, even as faster and simpler forms of communication proliferate and your personal communications likely have mostly migrated elsewhere. But one big one is that new types of media channels rarely totally kill off old ones, even though everyone predicts they will.

There's no other major item most of us own that is as confusing, unpredictable and unreliable as our personal computers.

My first computers were a Timex Sinclair and an Apple II.

For many years, even as users became more sophisticated, personal computers took too much effort to use without problem-solving, keeping alive the yearning for greater simplicity. Microsoft's dominant Windows platform, in particular, was a home for all manner of bugs and problems that required IT people to straighten out.

No computer or smartphone can ever be considered 100 percent 'safe.' We're all engaged in a perpetual battle with criminals and hostile governments trying to use computers and the Internet to steal information and identities.

There's precedent for adjudicatory proceedings on technology issues to have massive consumer and business benefits. One of the most famous was the so-called Carterfone decision in 1968.

In 1998, it was possible to make a big-screen romantic comedy about email. Yep, email - the same medium we often think of now as boring and even annoying.

If Apple, Amazon, Netflix, or somebody else can ever blast away all the ridiculous vestiges of decades-old TV content and technology we live with today, I'll buy whatever they come up with. Until then, I'm settling for a Caavo.

Streaming TV shows, movies, and other types of video over the Internet to all manner of devices, once a fringe habit, is now a squarely mainstream practice. Even people still paying for cable or satellite service often also have Netflix or Hulu accounts.

I see retirement as just another of these reinventions, another chance to do new things and be a new version of myself.

One reason why entrepreneurs are admired is that they often take on a degree of risk in launching a new business.

The vast majority of small business owners want nothing to do with figuring out a website. They are neck-deep in their business trying to keep it going.

The professors at Harvard are smarter and more world-renowned, and so your child will learn from a pre-eminent scholar who is a leader in his or her field. Some of Harvard's professors are even famous.

Professional services industries like finance, consulting, and legal services are, by definition, meta-industries. That is, they serve to help large companies raise money, buy and sell each other, reorganize, implement new systems, conduct complex transactions, and so forth.

FOMO (fear of missing out) is the enemy of valuing your own time.

Online education and technology are doubtless going to change how we learn in the years ahead. Remote learning is inexpensive and brings down the cost of near-universal access.

Income taxes are very poor at generating income from automation because the gains are realized by technology companies that are experts at not paying taxes.

Our young people desperately want the chance to participate in and lead our nation's economic and cultural revival. They're up for the challenges that they're going to inherit. It only remains for us to present the path to address them.

There is no doubt that pollution contributes to the climate changing around us, but what I refuse to do is support a climate tax bill like Waxman/Markey put in place that would have cost farmers and ranchers in the state, that would cost small business the opportunity to grow, that would increase that bills that families pay, $1,700 a year.

Senator Udall focused his entire campaign as a social-issues warrior, and that was rejected by the people of Colorado, who embraced our plan of creating jobs and opportunity, growing energy independence, looking at education opportunities for the future, and making sure we're focused on protecting this great Colorado environment.

I think people need to be treated with respect, and that's what we've demanded from everyone.

Let's make sure we're doing what we can in our own backyard to gain our energy independence and to create American jobs with American energy.

Our country needs a new generation of leadership, and I believe that Marco Rubio presents this nation with the greatest possibilities and opportunities to meet the challenges of the next generation.

The Trans-Pacific Partnership has the potential to reshape America's relationship with the nations of the Pacific Rim, enhance U.S. leadership in this critically important region, and provide a major boost to our economy.

I guess the news is this: If you're a Republican and you smile, liberals don't like it. Maybe that's because Democrats are afraid that I've been able to show an optimistic vision for this country.

Persistence is a pretty important part of making it in this business, which, in retrospect, is the easy part. Maintaining a profile is the difficult part of the job. Somehow or another, I muddled through that system and somehow am around to still enjoy playing for people.