What counts is results, and there can be no doubt that the Soviet planning system has been a powerful engine for economic growth...The Soviet model has surely demonstrated that a command economy is capable of mobilizing resources for rapid growth.

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Anyone with special abilities earns a differential return on that flair, which we economists call a rent. Those few with extraordinary P.Q. (Performance Quotient) will not give away such rent to the Ford Foundation or the local bank trust department. They have too high an I.Q. for that.

Economists are said to disagree too much but in ways that are too much alike: If eight sleep in the same bed, you can be sure that, like Eskimos, when they turn over, they'll all turn over together.

A growing nation is the greatest ponzi game ever contrived.

An intriguing paradox of the 1990s is that it isn't called a decade of greed.