When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented.

I think that my foundation uses the money better than the government does. In any event, I do pay taxes.

If the choice is between cooking alive and wasting money unnecessarily I would rather waste some money, because long before we cook we are going to kill each other if we don't deal with climate change.

This crisis has the potential to be a lot worse than Lehman Brothers.

Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.

To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.