“These days, even out of office, I still read economic reports.”

Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.

Regulation – which is based on force and fear – undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.

The need for values is inbred. Their content is not.

American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.

If I seem unduly clear to you, you must have misunderstood what I said.

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices.

Unfortunately, Senator, nobody knows where the next innovative idea is coming from.

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

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

I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.

Rules cannot take the place of character.

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.

I thought I couldn’t afford to take her out and smoke as well. So I gave up cigarettes. Then I took her out and one day I looked at her and thought: ‘Oh well,’ and I went back to smoking again, and that was better.

I really didn’t care. I’d do something to somebody and walk in front of them the next day like it never happened. I had very very low value on my own life.

For me, a lovely day is any day I wake up.

I’ve been in scenarios as an actor where you have to manufacture an emotion that’s not really there, but it wasn’t hard with Halle because she’s a great person and very beautiful, so it ain’t a tough job at the end of the day.

God is in everyone and everything. When we save each other or guide each other or just love each other.

Do not be afraid to love. Remember dear old Don Quixote, viewing the world with love. He saw many beautiful things no one else saw. Try being dear Don Quixote for a day.

Every day is ordinary, until it isn’t.

I might be a sand-hog, burrowing away and losing my health for $8 a day. I might be a street-car conductor at $12 or $15 a week.