Developing Protectionism Regarding Trade And Our Reluctance

The Only Sustainable Way To Increase Demand For Vacant Houses Is To Spur The Formation Of New Households. Admitting More Skilled Immigrants, Who Tend To Earn Enough To Buy Homes, Would Accomplish That While Paying Other Dividends To The U.s. Economy.

The Gut-feel Of The 55-year Old Trader Is More Important Than The Mathematical Elegance Of The 25-year Old Genius.

The Free Lunch Has Still To Be Invented.

Anything That We Can Do To Raise Personal Savings Is Very Much In The Interest Of This Country.

Any Onset Of Increased Investor Caution Elevates Risk Premiums And, As A Consequence, Lowers Asset Values And Promotes The Liquidation Of The Debt That Supported Higher Asset Prices, ... This Is The Reason That History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.