Quotes of All Topics . Occasions . Authors
I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
I'm a plain soap kind of guy.
Whatever you tax you get less of.
Whatever you tax, you get less of.
The Iraq War is largely about oil.
The free lunch has still to be invented.
Rules cannot take the place of character.
But rules cannot substitute for character.
If I've made myself clear, I've misspoken.
I'm a better economist than I was a sax player.
Productivity is notoriously difficult to predict.
The need for values is inbred. Their content is not.
Revolutions are something you see only in retrospect.
The process of innovation is, of course, never ending.
There are no easy choices. Easy choices are long gone.
Finance is wholly different from the rest the economy.
Excessive optimism sows the seeds of its own reversal.
The tub helps me relax, and it's a great place to read.
Amateurs want to be right. Professionals want to make money.
These days, even out of office, I still read economic reports.
There is no evidence that the business cycle has been repealed.
It is very difficult to predict when a bond crisis could happen.
Deficit spending is simply a scheme for the confiscation of wealth.
Any informed borrower is simply less vulnerable to fraud and abuse.
History cannot be reduced to a set of statistics and probabilities.
There is a limit to how much the United States Treasury can borrow.
Unless you are willing to compromise, society cannot live together.
There's no other job in public life that is like chairman of the Fed.
All taxes are a drag on economic growth. It's only a question of degree.
I've always considered myself more of a mathematician than a psychologist.
Credit-default swaps, I think, have serious problems associated with them.
How do we know when irrational exuberance has unduly escalated asset values?
Greenspan, who knew so much more than most, knew far less than most supposed.
Diplomacy is really far less important than the stock movements within Russia.
As long as we issue fiat currency, I see no alternative to a legal tender law.
We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.
Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
When trust is lost, a nation's ability to transact business is palpably undermined.
If you think you understand what I am saying you do not understand what I am saying.
If I turn out to be particularly clear, you've probably misunderstood what I've said.
We're a democratic society. Shutting down the government should not be on the agenda.
I'm a free-market economist from years and years back, and I've never veered from that.
If I say something which you understand fully in this regard, I probably made a mistake.
You can't have the capitalist system if an increasing number of people think it is unjust.
I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
One of the major problems with China is that its innovation is largely borrowed technology.
History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
The number one problem in today's generation and economy is the lack of financial literacy.
We really can't forecast all that well, and yet we pretend that we can, but we really can't.
Indeed, better risk management may be the only truly necessary element of success in banking.
