“there is very strong evidence of racial segregation in church-going, so that the density of Hispanics or non-whites in a religion in some area is not likely to be relevant for the religious participation of whites in that area.”
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“Smokers are made better-off by taxes, as they provide a valuable self-control device, ... Do Cigarette Taxes Make Smokers Happier?”
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“Doubling the frequency of attendance leads to a 9.1 percent increase in household income, or a rise of 5.5 percent as a fraction of the poverty scale.”
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“Those with more faith may be less stressed out about daily problems that impede success in the labor market and the marriage market, and therefore are more successful.”
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“Theres a vast amount of (classical) repertoire and recordings, not to mention a number of different varieties of consumer interest, and its very tough to try to pack all of that into a traditional store.”
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“Digital business means a theoretically infinite amount of stock space, but theres a downside to that limitless space. You have to be able to find the stuff youre looking for.”
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“Great music can and should reach an extremely broad audience. When you walk into a retail store, youre blown away; it can be very intimidating to a newcomer. What the digital medium allows us to do is to focus attention on recordings, artists and composers whom we think will appeal to a lot of people, and break through a lot of the barriers that exist in the physical retail world.”
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“We already have a large number of retirement savings vehicles in the United States. It is not clear why we need yet another tax break for savings for rich guys.”
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“It was a massive success - it blew us away.”
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