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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."
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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."
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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."
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Personal Development

"It is like our foreign policy has attention deficit disorder."
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"Amherst is a liberal arts college, committed to providing students with a broad education."
Education

"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
Justice

"My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst."
Learning

"I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous."
Information

"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
Economy

"Economists often like startling theorems, results which seem to run counter to conventional wisdom."
Wisdom

"But while I loved all of these courses, there was an irresistible attraction of economics."
Economy

"Much of my work in this period was concerned with exploring the logic of economic models, but also with attempting to reconcile the models with every day observation."
Work

"My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth."
Change

"Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them."
Sports
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