Economics is in many respects the queen of the soft sciences. It's expected to be better than the rest. It's my view that economics is better at the multi-disciplinary stuff than the rest of the soft science. And it's also my view that it's still lousy.

If it is wisdom you're after, you're going to spend a lot of time on your ass reading.

We have a history when things are really horrible of wading in when no one else will.

Intense interest in any subject is indispensable if you're really going to excel in it.

Someone will always be getting richer faster than you. This is not a tragedy.

We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current.

I think that one should recognize reality even when one doesn't like it; indeed, especially when one doesn't like it.