Not everybody is qualified to go to Stanford, but everybody should have access to the best qualify for which they are eligible.

Not everybody is qualified to go to Stanford, but everybody should have access to the best qualify for which they are eligible.

The grand larceny that occurred in Russia, the corruption that resulted in nine or ten people getting enormous wealth through loans-for-shares, was condoned because it allowed the reelection of Boris Yeltsin.

The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except on 19th Street in Washington.

Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist.