A little humility never hurts.

Actually, I'm a Republican.

Chairman Greenspan is, of course, a master.

The Fed's independence is critical.

There are limits to monetary policy.

Aggregate statistics can sometimes mask important information.

If you are not happy with yourself, even the loftiest achievements won’t bring you much satisfaction.

It is not the responsibility of the Federal Bank – nor would it be appropriate – to protect lenders and investors from the consequences of their decisions.

I come from Main Street, from a small town that’s really depressed.

Both humanity’s capacity to innovate and the incentives to innovate are greater today than at any other time in history.