Cyprus joined the E.U. in 2004 and immediately wanted to get into the euro area for the express purpose of completing, as quickly as possible, the union with the core of Europe. It was done because the public thought that would be beneficial for political reasons, not economic reasons.

The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.

Sometimes you have Harvard undergraduates who stun you with the depth of their knowledge. That is why it is great to be at a university like this.

Watching the economies in various parts of the world, I believe that there is scope for improvement everywhere. There is some corruption and inefficiency everywhere.

I've always spent money on books. I've always enjoyed handling books - the size, the format. I feel very strongly about original ephemera.

We grew up in a middle-class family in Chicago. Even when we went on vacation as a family, it wasn't a really fun time, because my father didn't want to spend any money when we got there.

I am not normally a betting person, but I say that putting your money on the American people is about as close to a sure bet as you are going to get.

The art and culture that is New York, communications, finance, all these things help make up New York. The rest of the country should be happy that we are what we are.