I'm a free-market economist from years and years back, and I've never veered from that.

I'm sorry I used that term. It's one which does suggest a froth in the market place. I would hesitate to use it in today's context.

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.

Such developments apparently reflect not only market dynamics but also the all-too-evident alternating and infectious bouts of human euphoria and distress and the instability they engender,

Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying.