In the long run, crowding out tends to mitigate the effects of fiscal policy.

In the long run, crowding out tends to mitigate the effects of fiscal policy.

The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.

The economy is not in a recession. This economy had enormous spending imbalances that it had to work out.

I think most people will believe that Arthur Anderson died because (after Enron imploded)

I think most people will believe that Arthur Anderson died because (after Enron imploded)

Applause should be an emotional response to the music, rather than a regulated social duty.

Applause should be an emotional response to the music, rather than a regulated social duty.

They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per read more

They believe in their heart of hearts that their comprehensive plan is going to do more than Hilton's $70 per share.

There needs to be at some point some permanency to this thing. And I think that's what our concern was. read more

There needs to be at some point some permanency to this thing. And I think that's what our concern was. We're not trying to tell Auburn who should be the chief executive officer. (We're) asking them to go ahead and make decisions.

There's a lot of business out there, but if you haven't got the right (capability) levels in the right places, read more

There's a lot of business out there, but if you haven't got the right (capability) levels in the right places, then you can't take it on.

I think it's just one of those things,

I think it's just one of those things,

As I make my slow pilgrimage through the world, a certain sense of beautiful mystery seems to gather and grow. read more

As I make my slow pilgrimage through the world, a certain sense of beautiful mystery seems to gather and grow. - From a College Window.