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

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary..

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power..

Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those worke….

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

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusti….

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the market….

When trust is lost, a nation's ability to transact business is palpably undermined..

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protect….

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern..

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning a….

The guiding purpose of the government regulator is to prevent rather than to create something..

I love facts and figures. It's like following a detective story, piecing together what's going on in the economy..

Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I ….

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits..

The free lunch has still to be invented..

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given….

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….

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy….

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

Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for t….