A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

Monetary policy is not a panacea.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

Knowledge may be power, but cake has great bargaining properties

The light and the stars guide my way.

Most people become bankrupt through having invested too heavily in the prose of life. To have ruined one's self over poetry is an honour.

No one likes rain but rain brings us pleasure for once pleasure's gone we learn what to treasure.

Jealousy is the greatest of all evils, and the one that arouses the least pity in the person who causes it.

I did a film once that I was killed in. It was a painful, horrifying day. It was a wonderful day from the standpoint of acting, but I was a wreck otherwise.

Until I came to New Mexico, I never realized how much beauty water adds to a river.

Short answers seem like you don't care even if you are trying to answer. I get the same flack for my short texting.

Some things just won’t go away, no matter how hard you scrub.

Anyway, seeking work is a tad difficult given the poor design of the streets with their prohibitive curbs and driveways that don't quite line up.