I'm not sure that the current value of the NASDAQ is justified, but I'm not sure that it isn't.

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.

The raw fact is that every successful example of economic development this past century ... has taken place via globalization.

The federal government is basically an insurance company with an army.

You know that Republicans will yell about the evils of partisanship whenever anyone tries to make a connection between the rhetoric of Beck, Limbaugh, etc. and the violence I fear we’re going to see in the months and years ahead. But violent acts are what happen when you create a climate of hate. And it’s long past time for the GOP’s leaders to take a stand against the hate-mongers.

America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.