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

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 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.

Nobody really understands gold prices and I don't pretend to understand them either.

Of course, in fairness, I must remind you of this: that we writers are the most lily-livered of all craftsmen. We expect more, for the most peewee efforts, than any other people.

Anything is bearable as long as you can make a story out of it...

To know your way round a library is to master the whole of culture, i.e. the whole world.

When your pain gets tough, your game needs to get rough.

I could get away with not taking care of myself as a bachelorette but as a mom I can't.

The strength of even the strongest individual can always be overpowered by the many, who often will combine for no other purpose than to ruin strength precisely because of its peculiar independence.

My father was an immigrant from Austria and he became a lawyer and became a judge and I think he was a good judge.

The possibility of bringing white-collar criminals to justice is ever receding over the horizon.

Sometimes we don't even realize what we really care about, because we get so distracted by the symbols.

I'm a product of what I believe in.