Love is not getting, but giving. Not a wild dream of pleasure and madness of desire - oh, no - love is not that! It is goodness and honor and peace and pure living - yes, love is that and it is the best thing in the world and the thing that lives the longest.
Nouriel Roubini
I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system.
