My feeling about executive bonuses is that any candidate for a chief executive job who even raises the issue of bonuses should be dismissed out of hand.
No country can be complacent in making sure that excessive debt of the household doesn't create excesses and weaknesses in the financial system. Everything is interconnected.
The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger.
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.
That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means of further production.
The confounding Political Economy with the Sciences and Arts to which it is subservient, has been one of the principal obstacles to its improvement.
Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction.
One needs a comprehensive concept that decides just how much debt states like Greece, Ireland, Portugal, Spain and Italy can sustainably bear.
Because I come from a place like Jamaica, which is a small, open economy, I viscerally get the importance of the global economy.
In Jamaica, you're never very far away from people who don't have very much, and in Wilmette, pretty much everybody had a lot.
I believe in working with the hearts of people, and not locking them up.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
If people were really naked and everyone knew what each other was thinking, everyone would probably just laugh... or they'd lock each other up.
Most of the locks and dams on the upper Mississippi River system are over 60 years old and many are in serious need of repair and rehabilitation.
Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.
People will often take an interesting experimental study which has been done in the world, perhaps at small scale, and then it's touted as some big solution.
You can get pictures into what people are sort of thinking about others. Just go onto Google and type 'Why are Indians' and then look for the autocomplete.
One could get locked in by the Pulitzer, thinking, 'This is who I am.' Doors open with it, but doors in your mind could close.
And it was where I learned how to play tennis and eventually became captain of the tennis team at the school and was on the Junior Davis Cup in New York City.
As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development.
In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies.
