The laissez-faire argument relies on the same tacit appeal to perfection as does communism.

Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd.

Short term volatility is greatest at turning points and diminishes as a trend becomes established

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

The global crisis is caused by pathologies inherent in the global financial system itself.

Democracy, by its very nature, can't be imposed on people. Democracy has to be the people deciding for themselves.

Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.