“The availability of private insurance provides tremendous insulation for million…” — Lawrence Summers

I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they're right.

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.

I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.