The Tub Helps Me Relax, And It's

The Use Of A Growing Array Of Derivatives And The Related Application Of More-sophisticated Approaches To Measuring And Managing Risk Are Key Factors Underpinning The Greater Resilience Of Our Largest Financial Institutions... Derivatives Have Permitted The Unbundling Of Financial Risks.

Skilled Shortages In America Exist Because We Are Shielding Our Skilled Labor Force From World Competition. [visa Quotas] Have Been Substituted For The Wage Pricing Mechanism. In The Process We Have Created [a] Privileged Elite Whose Incomes Are Being Supported At Non-competitively High Levels By Immigration Quotas On Skilled Professionals. Eliminating Such Restrictions Would Reduce At Least Some Of The Income Inequality.

I Was A Fairly Good Amateur Musician, And I Was An Average Professional. But The One Thing I Saw Was That The Big Band Business Was Fading.

Any Onset Of Increased Investor Caution Elevates Risk Premiums And, As A Consequence, Lowers Asset Values And Promotes The Liquidation Of The Debt That Supported Higher Asset Prices, ... This Is The Reason That History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.

Excessive Optimism Sows The Seeds Of Its Own Reversal.