The ascent of money has been essential to the ascent of man.

When bond prices fall, interest rates soar, with painful consequences for all borrowers.

As a teacher, my strategy is to encourage questioning. I'm the least authoritarian professor you'll ever meet.

American Empire- it is an empire that lacks the drive to export its capital, its people and its culture to those backward regions which need them most urgently and which, if they are neglected, will breed the greatest threats to its security. It is an empire, in short, that dare not speak its name. It is an empire in denial.

The Japanese Co-Prosperity Zone began as a racist utopia and ended as a cross between an abbatoir, a plantation and a brothel.

The law of unintended consequences is the only real law of history.

It's all very well for us to sit here in the west with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.