“Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks.”

When people are running up more and more debt for housing, they call that “real wealth.” It exposes what’s wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific.

A science is not mere knowledge, it is knowledge which has undergone a process of intellectual digestion. It is the grasp of many things brought together in one, and hence is its power; for, properly speaking, it is Science that is power, not Knowledge.

Russia was under the impression that the neoliberal advisors were going to make Russia as rich as the United States. What they really did was create a kleptocracy that was virtually tax-free.

When you say “paying the banks,” what they really mean is paying the bank bondholders. They are basically the One Percent.

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they’ve run up – to pay their mortgage debt, to pay the credit card debt, to pay student loans.

I didn’t really care if I had a coach that much, me personally, because I was brought up to think for myself.

Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can’t pay the health care if they get sick.

People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.

We know smoking tobacco is not good for kids, but a lot of other things aren’t good. Drinking’s not good. Some would say milk’s not good.

I think the less fracking there is, the better it is for the economy and society.

To ask a politician to lead us is to ask the tail of a dog to lead the dog.

When we say “people worry” about inflation, it’s mainly bondholders that worry. The labor force benefitted from the inflation of the ’50s, ’60s and ’70s.

I’m always being inspired .

To save the banks, you would have to turn the entire Eurozone into Greece.

If you have the right to call me a hot dog why do I not have the right to call you a stale 3-day old hamburger?

I think we’re in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.

Joy, feeling one’s own value, being appreciated and loved by others, feeling useful and capable of production are all factors of enormous value for the human soul.

The sole ultimate factor in human decisions is physical force. This we must learn, however repugnant the idea may seem, if we are to protect ourselves and our institutions. Reliance on anything else is fallacious and ruinous.

And there’s no question that it is a factor, but it’s preceded by the loss of resilience and degradation.

Weapons are an important factor in war, but not the decisive one; it is man and not materials that counts.

My point is there’s a hidden Scotland in anyone who speaks the Northern Ireland speech. It’s a terrific complicating factor, not just in Northern Ireland, but Ireland generally.

The Afghans themselves say that if you put two Afghans in a room, you get three factions.

We live in a time where there’s an alienation factor. There’s a certain disconnection.

There’s a good-feel factor about Sheffield Wednesday.