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.

Generous unemployment benefits can increase both structural and frictional unemployment. So government policies intended to help workers can have the undesirable side effect of raising the natural rate of unemployment.

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

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

The party of ideas has become the party of Beavis and Butthead.

But Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.