There is no evidence that the business cycle has been repealed.

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

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.

The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.

Greenspan, who knew so much more than most, knew far less than most supposed.

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Productivity is notoriously difficult to predict.