“To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education – literacy, both verbal and numerical, and communication skills.”

The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that while paying other dividends to the U.S. economy.

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

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.

If prices go down, we will have problems – problems in the sense of spillover to other areas.

I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.

The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.

Before I met Ayn Rand, I was a logical positivist, and accordingly,

Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.

Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.

Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds.

I just have more fun when I get to try new things – and the action film genre has kind of painted itself into a corner, copied itself so many times and it has basically run out of bad buys.

At the time me and X met, we weren’t homeless, but we were basically homeless.

There were basically three themes. One was the sun theme which is the guitar when he’d get sun on his leg and it comes again in the end. And there’s of course the lullaby which Dido sang, “If I Rise.” And then there’s this driving guitar which is the motivation theme.

Filling a need is not merely good business; it’s a basic attitude towards life. If you see a need, do whatever you can to meet that need.

Childhood is not a state which only applies to the first phase of our lives in the biological sense. Rather it is a basic condition which is always appropriate to a life that is lived aright.

We have to get back down to basics. We have to start organizing at the neighborhood level to get people educated to vote.

Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.

A basic law: the more you practice the art of thankfulness, the more you have to be thankful for.