If you're going to be a great guide to what's great for consumers, and, indirectly, for investors, you've got to be very careful about who you contract with and what you're offering.

Britain's is traditionally a rigid class society.

I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.

You have to keep a sense of humor about yourself, more than anything else. You've got to take the issues very seriously, but you can't take yourself too seriously. And Washington is a city in which everybody takes themselves extraordinarily seriously.

In journalism, there are only two stories - "Oh, the wonder of it," and "Oh, the shame of it."

You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.

Regardless of how you interpret the facts, you have to come to the conclusion that inequality is widening in the US and in almost every other country.