The process of innovation is, of course, never ending.

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.

Productivity is notoriously difficult to predict.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.