Markets have built in inefficiencies, serious inefficiencies which are well known.

There clearly is a serious race problem in the country. Just take a look at what's happening to African American communities. For example wealth, wealth in African American communities is almost zero. The history is striking.

So Marxism, Freudianism: any one of these things I think is an irrational cult. They're theology, so they're whatever you think of theology; I don't think much of it. In fact, in my view that's exactly the right analogy: notions like Marxism and Freudianism belong to the history of organized religion.

France has not been able to come to terms with the fact that it's not a major power anymore. I mean even before the Second World War Paris was one of the main centers of intellectual and cultural life. But now Paris is a kind of subsidiary of Germany, their traditional enemy and they can't come to terms with it.

Academics are not necessarily nice people.

The senate was wealthy people and it wasn't elected, it was chosen through legislatures, which themselves were under private influence, powerful influence. They were remote from the population and that's where power was suppose to reside.

You know, we have little bits of understanding, glimpses, a little bit of light here and there, but there's a tremendous amount of darkness, which is a challenge. I think life would be pretty boring if we understood everything. It's better if we don't understand anything and know that we don't, that's the important part.