No one would look just at a firm's revenues to assess how well it was doing. Far more relevant is the balance sheet, which shows assets and liability. That is also true for a country.

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.

Don't let people see when you're mad - just smile and laugh.

I believe you can take all experiences and use them as knowledge and fuel to be a better person.

The disfranchisement of a single legal elector by fraud or intimidation is a crime too grave to be regarded lightly.

Every generation wants to be the last.

As a leader you set the tone for your entire team. Communicate your vision.

We know that Barca is playing at a high level and has a great possibility to win the competition, but I hope they do not have the luck of winning the title

The memory of how we work will endure beyond the products of our work.

The collectability of music is something lost in the age of MP3s and album downloads. Holding an album in your hands and having the full-sized artwork reconnects the artist and the listener.

The only thing that could possibly save British politics would be Margaret Thatcher's assassin.

I believe that there is a certain amount of mysticism that all women should have, that you should never tell all your secrets, that you should never tell everybody all about you.