We are like highly trained athletes, who never run a race.

Two factors explain our success. One, MIT's renaissance after World War II as a federally supported research resource. Two, the mathematical revolution in macro- and micro-economic theory and statistics. This was overdue and inevitable, MIT was the logical place for it to flourish.

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.

Reasonable men are not reasonable when you're in the bubbles which have characterized capitalism since the beginning of time.

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

I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.

The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.