“Letting bygones be bygones is a basic principle in economics.”

Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.

If the President asked you to help, I don’t think anybody could refuse, unless one felt that one couldn’t be effective.

Ask not what your country can do for you, ask what you can do for your country.

The U.S. basically wrote the rules and created the institutions of globalisation.

Development is about transforming the lives of people, not just transforming economies.

The reason that the invisible hand often seems invisible is that it is often not there.

Bitcoin is successful only because of its potential for circumvention, lack of oversight.

But while I loved all of these courses, there was an irresistible attraction of economics.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

The extra curricular activity in which I was most engaged – debating – helped shape my interests in public policy.

Multinational corporations must pay their fair share of taxes.

The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.

Society can’t function without shared prosperity.

The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

Workers’ rights should be a central focus of development.

Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.

We can’t cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.

I’m the prime minister who removed 400 checkpoints, barriers, road-blocks and so on to facilitate the growth of the Palestinian economy.

The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

I’d throw dollars out of helicopters if I had to, to stimulate the economy.

I used practically all the money I had available.

I put those people in place. I trusted them. I had no idea they would do anything like this.

I know what I don’t know. To this day, I don’t know technology, and I don’t know finance or accounting.

Unless each man produces more than he receives, increases his output, there will be less for him than all the others.