The More Flexible An Economy, The Greater

Institutions Of The Newer Participants In Global Finance Had Not Been Tested, Until Recently...recent Crisis Have Underscored Certain Financial Structure Vulnerabilities That Are Not Readily Assuaged In The Short Run.

Anyone Willing To Do What Is Required To Become President Of The United States Is Thereby Barred From Taking That Office. I'm Only Half Joking

Excessive Optimism Sows The Seeds Of Its Own Reversal.

Anything That We Can Do To Raise Personal Savings Is Very Much In The Interest Of This Country.

Any Onset Of Increased Investor Caution Elevates Risk Premiums And, As A Consequence, Lowers Asset Values And Promotes The Liquidation Of The Debt That Supported Higher Asset Prices, ... This Is The Reason That History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.