The GSEs are adequately capitalized. They are in no danger of failing.

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.

So because you are converting it, you are reproducing your life that way.

I mentally shake hands with you for your answer, despite its inaccuracy." Mr. Rochester

You believe the sun will reappear after a stormy day, so why is it so hard to believe, you'll experience happiness after every heartache.

Delusion is the greatest barrier of humanity..

No man has a right to judge Andrew Johnson in any respect who has not suffered as much and done as much as he for the Nation's sake.

Remember, Sir, that [England] began the slave trade!

The allure of immodesty is not in what is seen but what is not seen. Modesty issues a challenge for one man to romantically earn your virtue.

We are, all of us, growing volcanoes that approach the hour of their eruption, but how near or distant that is, nobody knows- not even God.

The secret of all effective originality in advertising is not the creation of new and tricky words and pictures, but one of putting familiar words and pictures into new relationships.