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

There are no atheists in foxholes and there are no libertarians in financial crises.

By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.

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

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.

For most Americans, economic growth is a spectator sport.

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