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At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable.

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It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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Senator, if I seem clear to you, you must have misunderstood me’.
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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Significantly opening up immigration to skilled workers solves two problems.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.
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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.
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I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
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No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
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