The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and control many of the perks that board members count on. So it's not the invisible hand of the market that leads to those monumental executive incomes; it's the invisible handshake in the boardroom.

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.

The science fiction world has a lot of people doing seriously imaginative thinking.

If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.

The public has no idea that the deficit has been falling like a stone.

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