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

I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.

I fancied myself as some kind of god or an economic reformer like Keynes

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.

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

If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.