I used to try to pick locks because I grew up on my grandparents' farm and I started my own little spy club. I would go around the farm and try to break into the shed and try spying on my grandpa. It was ridiculous.
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their...
We moved around a bit when I was younger, but I grew up primarily in Rhode Island, in a beautiful seaside community called East Greenwich. It was a small town, and so safe that we rarely locked our doors at night.
Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for d...
Debt vultures are really the scum at the bottom of the pond. These are guys who buy up the debts of the world's poorest countries on the secondary market. You can go buy debts of a country like Peru, for example, at a real discount. Why? Because peop...
Surely in a world of email, video conferencing and virtual assistants, isn't being expected to show up at the office extremely anachronistic? Yet to date it seems that where one works does matter. That creativity and innovation do feed off physical i...
It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular pattern and what's going on in people's brains when prices are going up and before the crash is happen...
Julian Assange is certainly no hero. The man behind WikiLeaks issued threats as if he were Dr. No bent on ending civilization as we know it. We will find him, lock him up, and throw away the key. But give the man credit; for a week the truth was laid...
When I think about that first DeBarge album, I remember being so green... just pristine. Nothing mattered to me but writing songs. I remember staying locked up in a room with my piano and just singing and writing songs all day long. I remember being ...
One thing that worried me was how writers get categorized and so they end up having to write the same kind of book again and again. That is fine if it is what you want to do, but I would rather be locked in the trunk of my car with a weasel than writ...
After Lock, Stock, all these really nasty small town characters came knocking at my door trying to tell me stories, and somehow I ended up with this guy whose brother was feeding people to pigs, and that's what he did to get rid of people.
In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit mor...
I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are.
'Anna Karenina.' I read it in college. I was so engrossed that I couldn't stop reading it and neglected all my other studies. I would go to the library even on nice warm weekends and just lock myself up. I think that was the first time that I felt tr...
Margaret "Maggie" Pollitt: Thank you for keeping still, for backing me up in my lie. Brick Pollitt: Maggie, we're through with lies and liars in this house. Lock the door.
Children: One, two, Freddy's coming for you. / Three, four, better lock your door. / Five, six, grab your crucifix. / Seven, eight, gonna stay up late. / Nine, ten, never sleep again.
Veruca Salt: [singing] I want the world. I want the whole world. I want to lock it all up in my pocket. It's my bar of chocolate. Give it to me now.
Bryan Callen: I'll tell you what: you do that to someone on the street and they'd lock you up and throw away the key! Break out the yellow tape, Sam. Tommy's walking away from the cage like he's leaving a crime scene.
I made a series of wrong decisions about moderately recent books, and I've sold the rights to studios for ridiculous amounts of money and the films have never been made. That's the saddest thing of all, because they're locked up and no one else can m...
If you wait to see how much money you have left at the end of the month to put toward savings, the answer may be zero. So, set up an automated monthly transfer from your checking to savings account. Once you lock into that commitment, you'll be force...
Some kids win the lottery at birth; far too many don't - and most people have a hard time catching up over the rest of their lives. Children raised in disadvantaged environments are not only much less likely to succeed in school or in society, but th...
