Market prices are always wrong in the sense that they present a biased view of the future.

The ultimate asset bubble is gold.

I have made it a principle to give advice that does not serve my personal interest but rather the common interests.

There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well.

At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.

The sovereignty of states must be subordinated to international law and international institutions.

An open society calls itself open to improvement. It is based on the recognition that people have divergent views and interests, and that nobody is in possession of the ultimate truth.