Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.

Monetary policy is not a panacea.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

Economics is a very difficult subject. I've compared it to trying to learn how to repair a car when the engine is running.

Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much.

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

I was dead, then alive.Weeping, then laughing.The power of love came into me, and I became fierce like a lion, then tender like the evening star.

Give me one manfrom among ten thousandif he is the best

Italy in the first years got food, for the first year or the first periods got food. Then we got raw materials and then we got tool machines, let's say, instruments for working.

If there be a man before me who says that the wrath of God is too heavy a punishment for his little sin, I ask him, if the sin be little, why does he not give it up?

We have two ears and one tongue so that we would listen more and talk less.

Having once found the intensity of art, nothing else that can happen in life can ever again seem as important as the creative process.

Selection is the invention of the landscape painter.

Once I leave the studio I'm ready to do the next thing. There are records I made that I haven't heard.

People look at my six days in the week to see what I mean on the seventh.

Terrorism can go anywhere where there is not strong government, or government that cannot control its hinterlands.