The amount of currency in circulation is not changing. The money supply is not changing in any significant way.

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.

No matter how bad the situation, do not lose heart.

As in political so in literary action a man wins friends for himself mostly by the passion of his prejudices.

Smartphones can relay patients' data to hospital computers in a continuous stream. Doctors can alter treatment regimens remotely, instead of making patients come in for a visit.

The present is the past rolled up for action, and the past is the present unrolled for understanding.

In their precise tracings-out and subtle causations, the strongest and fieriest emotions of life defy all analytical insight.

I love making Italian food. And coconut chicken.

I had TB as a child. So I was put to doing things like drawing and reading. And I was raised in a family where manners were important. Maybe that's why I seem so refined.

There is no such thing as applied science, only the application of pure science.

Only those who have dared to let go can dare to re-enter.

Dear to girls' hearts is their own beauty.