The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.

If you're doing your job right, some substantial group of people [is] going to be mad at you.

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

But where will the Fed find another bubble?

In our country, learned ignorance is on the rise.

Can we break the machine that is imposing right-wing radicalism on the United States? The scariest part is that the media is part of that machine.

When depression economics prevails, the usual rules of economic policy no longer apply: virtue becomes vice, caution is risky and prudence is folly.