Over my career, somewhere, somehow I must've made some right calls. Otherwise, I wouldn't be in business.

The reason I am so negative about the Federal Reserve's policies is that they only target core inflation and argue that they can't identify bubbles, but when each bubble bursts, they flood the system with liquidity that brings about unintended consequences.

The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a symptom of mismanagement in just five minutes or in a week. It will involve significant sacrifices and pain, and I doubt that in India there is the political will to face the music.

I'm an economist. I'm not a political servant.

The most surprising thing for my mother and father was when I was actually earning more money than them by the time I was about 18. They thought I was going to be the ne'er do well, who they'd have to keep worrying about.

I have three lovely children. They are beautiful, talented, and kind-hearted. I'm most proud of them. I love them so much that I will never want to burden them with a large amount of inherited wealth.

It's nice to have dreams, but when you use borrowed money to achieve them and act as if money grows on trees, you may have a brutal awakening.

People naturally long for a bit of the wealth that is whorling all around them, and if the work and education available to them won't get them closer to the comforts that they see others enjoying, the temptation to take shortcuts can be fierce.