The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

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.

Are you green and growing or ripe and rotting?

I used to love being the class clown. I loved to make jokes and make people laugh. There was a set of students who would find it funny. But the cool students were like, 'Eeew!'

We're at that kind of moment where we really have to understand that everyone is totally connected and everyone is important.

Giving builds loyal customers and turns those customers into supporters...You can find passion and profit and meaning all at once, right now.

You can feel good about failure. Failure means you did something. You finished the story even if it wasn't what you'd hoped. Failure means you're learning. Growing. Doing.

There is beauty, heartbreaking beauty, everywhere.

Timeliness is best in all matters.

Wounds, I think, are never confined to a single skin but reach out to rasp us all.

Sometimes you just have to get a shock to grow up and wake up, and I've had lots of shocks because it's as though I don't learn the lessons, so something new comes and hits me.

I seem always to have two or three novels going at once. It takes me a long time to finish one.