If you had to sacrifice three people to save six people, would you do it? I would—if the three were politicians and the six were teachers, inventors, artists, or anybody but lawyers, lobbyists, or central...

I had a dream about you. I had a boomerang and you had a Frisbee. You asked if I wanted to play catch, and I said yes. Then you stood around waiting for me to...

People and institutions that refuse to admit error eventually discredit themselves.

The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to...

It is no coincidence that the century of total war coincided with the century of central banking.