“The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…”

I have long argued that paying down the national debt is beneficial for the economy.

Productivity is notoriously difficult to predict.

The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that’s likely to change for the better.

Without calling the overall national issue a bubble, it’s pretty clear that it’s an unsustainable underlying pattern.

If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen.

Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.

There is no evidence that the business cycle has been repealed.

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.

The arts develop skills and habits of mind that are important for workers in the new economy of ideas.

Institutions of the newer participants in global finance had not been tested, until recently…recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity.

And the percentage changes in wage rates would be the same for all job grades.

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

The issues which today confront the nation are clearly defined and so fundamental as to directly involve the very survival of the Republic. Are we going to preserve the religious base to our origin.

What’s more confrontational than thugs and criminals looting our businesses?

The … problem that confronts homosexuals is that they set out to win the love of a “real” man. If they succeed, they fail. A man who “goes with” other men is not what they would call a real man. The conundrum is incapable of resolution, but that does not make homosexuals give it up.

Every time you make a movie you have to confront your fears.

A sense of the universe, a sense of the all, the nostalgia which seizes us when confronted by nature, beauty, music.

Whoever dedicates his life to searching out particular connections of nature will spontaneously be confronted with the question how they harmoniously fit into the whole.

The Welfare State, South Africa – and it becomes impossible to seriously confront any of them without understanding their historical background.

All of it! – was held together by invisible chemical bonds, and I found a strange, inexplicable comfort in knowing that somewhere, even though we couldn’t see it in our own world, there was a real stability.