Anyone who thinks that the last 80 years, ever since FDR took us off gold, have been a doomed venture, that strikes me as kind of cranky.

Every once in a while I feel despair over the fate of the planet. If you’ve been following climate science, you know what I mean: the sense that we’re hurtling toward catastrophe but nobody wants to hear about it or do anything to avert it.

I admit it: I had fun watching right-wingers go wild as health reform finally became law.

Debt is one person's liability, but another person's asset.

I believe that the only important structural obstacles to world prosperity are the obsolete doctrines that clutter the minds of men.

You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.

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.