A well-designed deposit insurance system can prevent bank runs without creating excessive moral hazard.

The only way to endure life is to escape into art.

To be human is to be in the world, and to be in the world is to be in time.

工作是世界的法则。

Friends congratulate me after a quarterly-earnings announcement and say, 'Good job, great quarter.' And I'll say, 'Thank you, but that quarter was baked three years ago.'