I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

If I say something which you understand fully in this regard, I probably made a mistake.

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

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.

Amateurs want to be right. Professionals want to make money.

Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit.