Liberalism downplays certain of our moral senses: loyalty, authority, and sanctity.

Money management has been a profession involving a lot of fakery - people saying they can beat the market, and they really can't.

Physicists have a bias to aspire to be "seers" like Einstein rather than "craftspeople" who do simple and practical research. I have seen that in economics departments. The same must be true to some extent in other departments.

I am worried that the collapse of home prices might turn out to be the most severe since the Great Depression.

Somehow, talking to young students brings you back to reality - it should, anyway.

Some of the best theorizing comes after collecting data because then you become aware of another reality.

In the longer run and for wide-reaching issues, more creative solutions tend to come from imaginative interdisciplinary collaboration.