In fact, the world needs more nerds.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists to interpret those data and present the policy alternatives, has a substantially beneficial effect on policymaking in the United States.

With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.

It takes about two and a half percent growth just to keep unemployment stable.

In the future, my communications with the public and with the markets will be entirely through regular and formal channels.