And finally, no matter how good the science gets, there are problems that inevitably depend on judgment, on art, on a feel for financial markets.

Domestic inflation reflects domestic monetary policy.

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.

Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.

Inflation is lower and more stable and the real business cycle fluctuations are more modest.

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.

Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.

A second reason why science cannot replace judgement is the behavior of financial markets.

Gray, the colour of forgetting.

Once you've left the concept of family, you've left the concept of kingdom

First of all, Sam Fuller left a group of extraordinary movies that are unique, that are "Fuller-esque," as one might say, which makes them stand apart from any other director's films.

Water is the symbol of pure consciousness.

The X-Games - I watch that; I'm not impressed. That's white dudes' desperation. They're running out of sports. They gotta find something that black dudes won't touch.

You know this is a dicey situation anyway you look at it.

The world we live in today is very, very diverse. It has extremism on one side, it has incredible liberal aspects to it on the other.

Weezy F. Baby/ And the 'F' ain't for fear

Harrison is genuinely unsure if he still has any fans.

I kan noght parfitly my Paternoster as the preest it syngeth,But I kan rymes of Robyn Hood and Randolf Erl of Chestre.