“Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.”

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.

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

Credit-default swaps, I think, have serious problems associated with them.

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.

This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.

History has not dealt kindly with the aftermath of protracted periods of low risk premiums.

Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.

Derivatives have permitted the unbundling of financial risks.

Greenspan, who knew so much more than most, knew far less than most supposed.

It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.

If I’ve made myself clear, I’ve misspoken.

…our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

Excessive optimism sows the seeds of its own reversal.

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.

No person will deny that the highest degree of attainable accuracy is an object to be desired, and it is generally found that the last advances towards precision require a greater devotion of time, labour, and expense, than those which precede them.

Fast is fine, but accuracy is final. In a gun fight. You need to take your time in a hurry.

Timing and accuracy beats power.

Simply put, you believe that things or people make you unhappy, but this is not accurate. You make yourself unhappy.

Vulnerability is our most accurate measurement of courage.

Eyes are more accurate witnesses than ears.

One of the hardest things in the world is to convey a meaning accurately from one mind to another.

One of the hardest things in the world is to convey a meaning accurately from one mind to another.