As a former member of President Obama's economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration.
I think anyone who gets the Nobel Prize has to be a little bit embarrassed to be picked out when there have been so many people who have contributed.
There isn't much political coloration in my economic writing; it's not surprising that few people know my political views. They really aren't very important.
After washing there was no place to pour the water except out of the window onto the heads of the people in the streets, which is the proper place to throw everything that is not wanted.
Fertile soil, level plains, easy passage across the mountains, coal, iron, and other metals imbedded in the rocks, and a stimulating climate, all shower their blessings upon man.
The human organism inherits so delicate an adjustment to climate that, in spite of man's boasted ability to live anywhere, the strain of the frozen North eliminates the more nervous and active types of mind.
Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union.
The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.
Well, stealing bases adds some runs but very few, and you lose most of the runs that you gain by having runners caught stealing.
It's extremely damaging to a fair trial to have people reaching judgment about the case in the newspapers and on the radio before the facts are heard in a case.
A finite world can support only a finite population; therefore, population growth must eventually equal zero.
Using the commons as a cesspool does not harm the general public under frontier conditions, because there is no public, the same behavior in a metropolis is unbearable.
In most languages, 'control' is the first synonym for the word 'manage.' Control is about spotting and correcting deviations from pre-defined standards; thus to control, one must first constrain.
I am an ardent supporter of capitalism - but I also understand that while individuals have inalienable, God-given rights, corporations do not.
In most companies, the formal hierarchy is a matter of public record - it's easy to discover who's in charge of what. By contrast, natural leaders don't appear on any organization chart.
Most of us do more than subsist. From the vantage point of our ancestors, we live lives of almost unimaginable ease. Here again, we have innovation to thank.
The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the...
No poem, not even Shakespeare or Milton or Chaucer, is ever strong enough to totally exclude every crucial precursor text or poem.
It is one thing to tell the citizens of some faraway country to go to hell, but it is another to do the same to your own citizens, who are supposedly your ultimate sovereigns.
The natural consequence of our submission, even in part, to the system that looks to compelling the export of raw products, the exhaustion of the land, the cheapening of labour, and the export of the labourer.
The commerce of India does not grow, nor does that of Portugal, or of Turkey; that but that of the protected countries does increase, as has been shown in the case of Spain, and can now be shown in that of Germany.
