In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.

It isn't that greed's increased. What's increased is the realization that you've got a free field to reach out for what you'd like to do.

In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small to read), the following warning appears: "Past performance is no guarantee of future results."

Man does not live by GNP alone.

Every good cause is worth some inefficiency.

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.

Investing is like waiting for paint dry and grass grow so. If you like fun, let handle 800 USD and headed to Las Vegas