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Bonus Quotation of the Day…

is from President Ronald Reagan’s May 31st, 1988, speech at Moscow State University (link added):

Like a chrysalis, we’re emerging from the economy of the Industrial Revolution – an economy confined to and limited by the Earth’s physical resources – into, as one economist titled his book, “The Economy in Mind,” in which there are no bounds on human imagination and the freedom to create is the most precious natural resource.

DBx: Reagan’s Julian-Simonesque observation supplied the lead-in to my appearance last Friday on The Soul of Enterprise radio program with Ron Baker and Ed Kless.  (Here’s the iTunes link.)  (I thoroughly enjoyed my appearance and am honored to have been asked to be a guest on the show.)

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