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Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

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Capacity Drive Enable Household Improvement Information Lead Out Practice Reach Technology Tender

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank.
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Aspect Bank Change Economy Ever Give Incomplete Inevitably Knowledge Outcome Particular Sometimes Structural
Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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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.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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Competency Experience Foundation Manipulation Mathematics Numerical Understand
Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.
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Asset Clearly Earning Higher Imply Inflation Less Lower Premium Risk Stock Sustain
All taxes are a drag on economic growth. It’s only a question of degree.
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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.
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What an ideology is is a conceptual framework with the way people deal with reality.
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Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
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Senator, if I seem clear to you, you must have misunderstood me’.
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Clear Misunderstood Seem Senator
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Clear Misunderstood Must Said Seen Unduly
The free lunch has still to be invented.
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As long as we issue fiat currency, I see no alternative to a legal tender law.
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Whatever you tax you get less of.
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The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.
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