Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.

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.

Be creative.

A good life is the result of a thousand small choices and so is a bad one.

Sun Microsystems had the right people to make Java into a first-class language, and I believe it was the Sun marketing people who rushed the thing out before it should have gotten out.

I like that we don't have to come out the first 10 minutes and score, you know, with joke, joke, joke. We can open it in a more novel way and keep playing different pranks as we go through the thing.

The rich are not very nice. That's why they're rich.

It's easy to be heavy; hard to be light.

Meekness is one of the brightest graces which can adorn the Christian character.

Love is the distance between reality and pain.

Hell, I don't know if he speaks French.

The investigation into the possible effects of cosmic rays on living organisms will also offer great interest.