Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.

Changeless society is characterized by the absense of alternatives.

It is credit that matters, not money (in other words, monetarism is a false ideology).

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.

Of course, speculation will always make a crisis worse. If there is a weak point, it will expose it.

It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse game where the mice are ruling. Because the latter means that the market participants are given free range. That was actually the big misconception of our national hero Ronald Reagan, who always talked about the magic of the market.