Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.

Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.

Bailing out every bank that fails makes the system riskier, not safer.

I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water.

Poverty is clearly one source of emotional suffering, but there are others, like loneliness.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.