Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.

Any central bank should only be in charge of liquidity. Solvency is a matter for the treasury.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

I chose America as my home because I value freedom and democracy, civil liberties and an open society.

My main concern is with the world order

If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.