Productivity is notoriously difficult to predict..

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 ….

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and e….

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

If prices go down, we will have problems - problems in the sense of spillover to other areas..

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

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't….

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

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

Credit-default swaps, I think, have serious problems associated with them..

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

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than….

History has not dealt kindly with the aftermath of protracted periods of low risk premiums..

It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst hav….

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world..

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure….

History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own rever….

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

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this busine….

How do we know when irrational exuberance has unduly escalated asset values?.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zer….