"The only thing that stands between a man and what he wants from life is often merely the will to try it and the faith to believe that it is possible."

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"I am sufficiently pessimistic about the global economy."

Tuesday, May 25, 2010

"Much of what we talk about is what I call robust interventions. By that I mean interventions that are simple enough that you don’t have to very fine tune to make them work...We have just seen that the government can be very dysfunctional. ...it goes back to the dynamic view on regulation and taxation. Any system will have constant changes and so there will be mistakes. But then we have to say that we are ready to correct the mistakes when they become evident." -Joseph Stiglitz


The Economic Times


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