Economics is not a morality play.

It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t.

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.

Debt is one person's liability, but another person's asset.

When the Fed decides that inflation is too high, they have the tools, and they've shown historically that they have the will, to bring it down. And, it might be painful.