Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.

Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention, and I wouldn't underestimate the value of that. But they're not designed to take care of social needs.

I commissioned two political experts to advise me about what I could do to oppose the re-election of President Bush.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

Sometimes time actually works against you if you refuse to face the relevant issues and explain to the public what is at stake.

Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend and step off before it is discredited.

American supremacy is the greatest threat to the world today.