I think that one of the things that we have to recognize is that the longer somebody doesn't have a job, the harder it is to get a new job. You know, the reality is that if you're out of job, and you're looking for a job, then the new employer's going to say, 'Well, why, you know, don't you have a job now? What's wrong with you?'

Economists have the same occupational hazard as baseball managers and football coaches: Every person on the street knows their job better than they do.

For an American, as mad you may be about whatever the EPA or the IRS does, just imagine if you only had a one twenty-eighth vote over what it does. You were in this place with this big bureaucracy that sets rules, and you only have a small vote. You'd feel like you've given up your sovereignty, wouldn't you?

Given the importance of Washington, outsiders probably have an unrealistic perspective on how large the city is. The fact is, Washington D.C. is a small town, and most everyone knows most everyone else. That person of the other party who you despise will someday be at your daughter's birthday party.

The protest years were over, not just for me but for a whole generation, and in music, just like in politics, many of the greatest talents were dead or in exile, and their place was filled by third-rate imitators.

We want to be a country with a competitive edge in the world. And a country with a solid democracy. To do that, we need to attack the social problems, and extreme poverty is probably the worst of those.

Money has always been in politics. And I'm not sure you'd want money to be completely out of politics.

I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don't see anybody in our system who is at that level of influence.