Fewer people working means permanently lower tax revenues.

Tax increases appear to have a very large sustained and highly significant negative impact on output.

Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.

Climate change and dependence on foreign oil are problems that won't go away on their own. Tabling plans to deal with them doesn't make it easier for companies to plan and invest; it makes it harder.

A natural way that an economist approaches a problem is to say, here's where I think the economy is going; this is what we need to deal with the problem.

What I desire to point out is that I wish the law was not so, but that being the law, I must follow it.

Making labor less expensive helps firms hire people.

Raising the minimum wage, as President Obama proposed in his State of the Union address, tends to be more popular with the general public than with economists.

Recent research suggests that New Deal programs may actually have had their primary impact on the economy by influencing consumer and business expectations of future growth and inflation.

Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing it.

I think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do.

Reading is at the threshold of the spiritual life

Discipline is an index of your lifebook, maintain it properly

Vampire Willow Rosenberg: "In my world, we have people in chains, and we can ride them like ponies.

The Sistine Chapel is an extraordinary work of education - it lays out all the early books of the Bible.

Love is a reality which is born in the fairy region of romance.

I've always loved the fans in Scotland and have a little Scottish blood of my own.

No-one is ever too old to know better.

Don't be surprised if I behave like a savage. I am a savage

I am tired of clinging. Though I cannot see it with my eyes, I trust that the current knows where it is going. I shall let go, and let it take me where it will. Clinging, I shall die of boredom.

It was stressful [to live as a child in a Sylvian Hills]. It's always been complicated, honestly... I do not really want to tell you, actually. It bothers me that you want me to tell this.