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

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

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

Simple doesn't mean stupid. Thinking that it does, does.

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

I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U.S. society.

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