Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.

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.

If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.

Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the imagination of the German public, and the German public has accepted it.

Studying economics is not a good preparation for dealing with it.

The main obstacle to a stable and just world order is the United States.

I am for maximum supervision and minimum regulation.