Amity Shlaes

We're in a kind of vicious cycle where the media tell the politicians, and the politicians tell the people, that perception is reality, and the perception of saving dooms a politician. I don't believe perception is reality, or that all Americans think that. ”

In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession or not. ”

Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts. ”

Interest groups are not the same as individuals. Through false nostalgia for the New Deal, you are taking the younger generation hostage. They are the ones who are going to have to pay far greater taxes. They are the future's forgotten men. ”

Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow. ”