We Americans are not about to stop borrowing as long as they give us money for nothing.
Kenneth RogoffMarx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.
Kenneth RogoffWe're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.
Kenneth RogoffWorkers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide.
Kenneth Rogoff