If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.

There are idiots. Look around.

It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

In the history of the world, no one has ever washed a rented car.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.