The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.

To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

If we are concerned about our great appetite for materials, it is plausible to decrease waste, to make better use of stocks available, and to develop substitutes. But what about the appetite itself? The major cause of the continued deterioration of the global environment is the unsustainable pattern of consumption and production, particularly in industrialised countries

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

I react to what is necessary. I would like to eschew any formula.

In the United States, though power corrupts, the expectation of power paralyzes.