The number one problem in today's generation and economy is the lack of financial literacy.

How do we know when irrational exuberance has unduly escalated asset values?

I made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms.

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

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

I love facts and figures. It's like following a detective story, piecing together what's going on in the economy.

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.