“Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have spark...”

“In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.”

“The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis substantial fiscal resources were necessary. ”

“Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effect...”

“High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.”

“No economy can succeed without a high-quality workforce, particularly in an age of globalization and technical change.”

“For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If...”

“It is not good for man to be kept perforce at all times in the presence of his species. A world from which solitude is extirpated is a very poor ideal. Solitude, in the sense of being often alone, ...”

“As technology accumulates and people in more parts of the planet become interdependent, the hatred between them tends to decrease, for the simple reason that you can't kill someone and trade with h...”

“Happiness is good management of expectations and good management means making order and assembling the contingent elements of the "do's'" and the "don'ts", the "maybe yes'" and the "maybe not's". W...”

“Peace, a commodity purchased with friendship and safety and anything comfortable and all things familiar; peace that was a pleasant melody playing through the moments of their day; a chord striking...”

“I will never compromise Truth for the sake of getting along with people who can only get along when we agree.”

“I trust and use RakEM for my private messages and calls. Other messengers collected metadata about who I messaged, when and where - RakEM does not collect metadata, encrypts local files, and uses t...”

“Home is where one starts from.”