Just Donald Trump's tenor and insulting of people is just beyond the pale.

If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one because then the person isn't equipped to deal with the economics profession.

The essence of a university is free and open inquiry, and when it loses that it is no longer a university.

We must measure what leads to results, not simply what is easy to measure.

The problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then things don't adjust, and that's how we have recessions and depressions, is prices and costs don't adjust together and they get out of whack, and we end up with dislocations.

That's the first rule for anybody who controls - do no harm.

They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.