What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who ….

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs wi….

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs..

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….

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive memb….

Anything that we can do to raise personal savings is very much in the interest of this country..

All taxes are a drag on economic growth. It's only a question of degree..

Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this..

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..

The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend….

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I lef….

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

The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors….

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

I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many ….

At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-st….

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….

I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where ….

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 ….

There are no easy choices. Easy choices are long gone..

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….