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

The concept of a general equilibrium has no relevance to the real world (in other words, classical economics is an exercise in futility).

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.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility.

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to heel.