But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.

International lending banks need to focus on areas where private investment doesn't go, such as infrastructure projects, education and poverty relief.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

It is trust, more than money, that makes the world go round.

There must have been something in the air of Gary that led one into economics: the first Nobel Prize winner, Paul Samuelson, was also from Gary, as were several other distinguished economists.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

American inequality didn't just happen. It was created.

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

The striking thing about America is - it's historically, extraordinary unusual, I don't of any other instance - is that productivity of workers and wages have not moved in tandem.

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

And while a brand is so much more than a company’s logo, the logo is one of the key ambassadors to any brand.

Tugay is writhing around all over the place as if he were dead

Hug me till you drug me, honey; Kiss me till I'm in a coma.

Teaching is a performance art.

People who eat white bread have no dreams.

Unsurprisingly, Nelson Mandela had and still has many detractors.

Pain only matters when it happens to someone important.

All mental discipline and symmetrical growth are from activity of the mind under the yoke of the will or personal power.

Then I got together with my brother and a friend and we decided to play dates. The more we played, the more we wanted to do it. And it got to a stage where we wanted to do it all the time.

A small nation can fight a superpower with determination and dedication.