Occupation: Economist Birth: March 6, 1926
I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and f….
History cannot be reduced to a set of statistics and probabilities..
Whatever you tax you get less of..
You can't have the capitalist system if an increasing number of people think it is unjust..
Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposit….
The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of cred….
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….
I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and ….
And whatever their publicized angst over Saddam Hussein's 'weapons of mass destruction,' American and British authorities were also concerned about v….
These days, even out of office, I still read economic reports..
In general, corruption tends to exist whenever governments have favors to extend, or something to sell..
Now, I only play very occasionally, and in fact, more piano than clarinet or sax..
I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a s….
Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance ….
I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it….
Credit-default swaps, I think, have serious problems associated with them..
I'm a plain soap kind of guy..
Revolutions are something you see only in retrospect..
American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage..
The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this busine….
Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity ….