Bad Ideas Flourish Because They Are In

I Believe That The Only Important Structural Obstacles To World Prosperity Are The Obsolete Doctrines That Clutter The Minds Of Men.

Economics Is Not A Morality Play.

Politics Determines Who Has The Power, Not Who Has The Truth.

What The Depression Teaches Us Is That When The Economy Is So Depressed That Even A Zero Interest Rate Isn't Low Enough, You Have To Put Conventional Notions Of Prudence And Sound Policy Aside.

I Think If You're A Liberal, You Believe That We All Are, At Least To Some Extent, Our Brothers' Keepers, You Really Believe That We Have A Sumptuary Responsibility To Make Sure That Life Is Decent For Everybody In America, That You Believe That Society Out To Be Broadly Shared, And You Believe That You Can't Have A Real Democracy Unless You Have A Little Bit, At Least, Of Economic Democracy.