Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.

Inflation is a monetary phenomenon. It is made by or stopped by the central bank.

Is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?

There is no person, no theorist so reckless as he who says that the facts speak for themselves.

If you cannot state a proposition clearly and unambiguously, you do not understand it.

Corruption is government intrusion into market efficiencies in the form of regulations.

Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.