“The economics profession advances by one confusing financial disaster ...” — Adam Davidson Quote

“The economics profession advances by one confusing financial disaster at a time.”

“What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.”

“A rule of thumb: If the company you work for provides a product or service that's pretty much the same as what was offered last year and a few years before that, it might be time to start looking for something new.”

“The world awaits Beijing's hosting of the 2008 Olympics, an occasion which will bring into the global spotlight the dramatic advances China is making in enhancing the quality of life for its people.”

“In the university library my father helped lead, as the Associate Director of Libraries from '60 to '82, I spent hours and hours as a kid devouring piles of books so I could follow the latest advances in science.”

“We live increasingly in a world of haves and have-nots, of gated communities next to ghettos, of extreme poverty and unbelievable riches. Some enjoy rights that are completely denied to others. Relative inequalities are exploding, and the world's poorest, despite all the advances of globalisation, may even be getting poorer.”