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"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
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"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."
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Personal Development
"Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them."
Author Name
Personal Development
"I have always believed in dialogue and in nonviolence, and if you look at my background you will see that it has always been my policy to talk to everyone."
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Personal Development
"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."
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Personal Development
"So, I'm lying on the couch and Laura walks in and I say, 'Free at last,' and she says 'You're free all right, you're free to do the dishes.' So I say, 'You're talking to the former president, baby,' and she said, 'consider this your new domestic policy agenda.'"
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Personal Development
"When you look at where the Democratic field is going relative to foreign policy, they are increasingly moving away from a policy of pre-emptive self-defense that the president has adopted since September 11."
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Personal Development
"The reality is that we have missed a lot of opportunities in Iraq because of a failed policy."
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Personal Development
"Americans are paying for our lack of an energy policy with their jobs and out of their pocketbooks."
Author Name
Personal Development
"A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy."
Author Name
Personal Development
"It is like our foreign policy has attention deficit disorder."
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"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
Policy
"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
Development
"I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are."
Economy
"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."
Influence
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
Action
"In debate, one randomly was assigned to one side or the other. This had at least one virtue - it made one see that there was more than one side to these complex issues."
Virtue
"Amherst is a liberal arts college, committed to providing students with a broad education."
Education
"I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life."
Life
"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
Justice
"As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns."
Work
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