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

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.

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.

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

You can't shake hands with a clenched fist.

You’re a nosy sleuth like me because you can’t help it, ” Alma said.

Fantasyland was designed as a home for some of the classic characters [from those films], and as a symbol of the magic, hope and beauty of the human imagination.

Well, you'll have to wait till tomorrow. I'm out of commission." (he points to his shirt) "Look. Jammies.

You should never read online comments if you want to keep thoughts above the belt.

The circle of divine love has not remained closed.

All the effects of Nature are only the mathematical consequences of a small number of immutable laws.

Regret is unnecessary. Think before you act.

Silence, and non action are the root of all things.