The problem with a purely collective system is not only that it requires economic growth, and the right sort of demographic trends, but that it prevents people thinking about their futures in a responsible way.

The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.

We continue to see very rapid economic growth which has been a problem for the Fed all along. We have not seen a material increase in labor costs and that's what I think is going to be the ultimate problem in the economy somewhere down the road, though clearly it's not imminent.

Austerity policy without currency devaluation can only hamper economic growth.

There's something about Marxism that brings out warts; the only kind of growth this economic system encourages.

Here's the problem if you keep raising tax rates: You slow down economic growth.