Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing out deals to specific groups. Coolidge fixed a problem like that. He came into a rough time and he, and Harding before him, fixed that by budgeting.

Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.

Disillusionment can come as fast as a gust, but building faith that the government won't inflate again is like building a new sailboat, a project of years.

I'm not sure Roosevelt was quite a monster, he just did a poor job on the economics.

The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine.

In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.

Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history often doesn't get it right if it doesn't respect econ.