[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.

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

Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.

Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).

Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.

Coming up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying experience.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.