If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minute….

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk..

Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt th….

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud..

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of ….

If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with re….

Amateurs want to be right. Professionals want to make money..

It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example har….

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our mo….

The process of innovation is, of course, never ending..

The number one problem in today's generation and economy is the lack of financial literacy..

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins..

I'm a better economist than I was a sax player..

If you think you understand what I am saying you do not understand what I am saying..

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rule….

It is decidedly not true that "nice guys finish last," as that highly original American baseball philosopher, Leo Durocher, was alleged to have said..

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, ca….

The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new….

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contai….

Deficit spending is simply a scheme for the confiscation of wealth..

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 ….