Forsake search for needles that are so very small in haystacks that are so very large.

That's what I would like to do until the end of time, to go on scribbling my articles on the third floor of the Sloan Building, in between playing tennis and drinking coffee at my other study in the Concord Avenue branch of Burger King.

Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.

Let those who will write the nation's laws, if I can write its textbooks.

Second, they [those who disagree with market efficiency] always claim they know a man, a bank, or a fund that does do better. Alas, anecdotes are not science. And once Wharton School dissertations seek to quantify the performers, these have a tendency to evaporate into the air - or, at least, into statistically insignificant t-statistics.

Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes.

Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad.