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The key to recovery is jobs and income. Real income must increase across a broad cross-section of the country – unlike the past decade or so when income and wealth became concentrated to record lev…

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This government has lost the capacity to govern because a shadow government has taken over. The narco-mafia state is now completely consolidated.
— Ashraf Ghani, former Afghan finance minister on cor…

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What we’re witnessing isn’t finance or investment as usual. We’re watching a shift to a managed economic structure, where government officials determine who will live and who will die. It’s a shift fr…

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“Why does Goldman Sachs run your government? What’s wrong with America is that it’s run by investment bankers, mostly from the same bank. How can Americans stand for it? Is Barack Obama from Goldman…

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I sometimes wonder what use there is in trying to protect the West against fancied external threats when the signs of disintegration within are so striking.”
— George F. Kennan, Former U.S. Ambassado…

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It is impossible to introduce into society a greater change and a greater evil than this: the conversion of the law into an instrument of plunder.
– Frederic Bastiat, “The Law,” 1850

“The probability…

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The most fundamental, essential element, without which any community would fail, boils down to interpersonal skills. The glue that holds any group together is the ability to put aside your own persona…

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“I am genuinely proud that when I was chairman of the Association of Mining Analysts we held two gold seminars at which the much-reviled Gold Anti-Trust Action Committee spoke. What they said about th…

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“We want to put down the foundations of a capitalism of the entrepreneur and not of the speculator. We want transparency. We want moralization. We want the creation of value. We want people to have co…

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“Driving through New Jersey, Nitze [asked] Dillon if he thought the market decline an omen of hard times ahead . . . Dillon thought for a few minutes and replied, “I think it presages the end of an …