The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.
I refuse to go into a fast-food outlet - to use the toilet even - in case anyone got the wrong idea and thought I was sneaking in a quick burger.
The problem with me is I always think I should've done better. I felt that after the World Cup final and through my whole career.
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.
When everything is moving and shifting, the only way to counteract chaos is stillness. When things feel extraordinary, strive for ordinary. When the surface is wavy, dive deeper for quieter waters.
There is something magical about running; after a certain distance, it transcends the body. Then a bit further, it transcends the mind. A bit further yet, and what you have before you, laid bare, is the soul.
Parents are supposed to instill a sense of right and wrong in their children and then keep up the due diligence necessary to make sure they don't veer off that path.
I haven't dunked since Bill Clinton was in office, so I'm just happy for anyone who can do so without a trampoline.
Also, for a team as strong as like ours, the Tour will always remain the biggest goal of the whole year, and personally I will certainly concentrate most of my energy on this race.
The fallacy in Peter's mind was this: he believed his relationship was dependent on his consistency in producing the qualities he thought had earned him the Lord's approval.
Maybe if I didn't have the talent in chess I'd find the talent in something else. The only thing I know is that I have talent in chess, and I'm satisfied with that.
If you're in any field, you should own a farm because one day you will be grateful that you are able to grow your own agricultural produce.
What happened after publication of our paper was that, for the next 40 years, people said, all right, we now know the answer to the capital structure question under ideal conditions.
Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't.
Even if there's no way to stop U.S. corporations from shedding their U.S. identities and becoming foreign corporations, there's no reason they should retain the privileges of U.S. citizenship.
News and images move so easily across borders that attitudes and aspirations are no longer especially national. Cyber-weapons, no longer the exclusive province of national governments, can originate in a hacker's garage.
If we want corporations to act differently, we have to force them to do so through laws that are fully enforced and through penalties higher than the economic benefits of thwarting the laws.
America spends a fortune on drugs: more per person than any other nation on earth, even though Americans are no healthier than the citizens of other advanced nations.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
During three decades from 1947 to 1977, the nation implemented what might be called a basic bargain with American workers. Employers paid them enough to buy what they produced.
The generosity of the super-rich is sometimes proffered as evidence they're contributing as much to the nation's well-being as they did decades ago when they paid a much larger share of their earnings in taxes.
