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There are two important things to remember about 'entitlements': They are hugely popular programs for a very good reason, and actual sensible 'reform' would mean improving them, not sacrificing them at the altar of 'fiscal responsibility.'

When you cover the economy as a reporter, there's one part of the job that is always easy: finding economists who disagree.

Look, of course people are scared of entitlement reform because every time you put entitlement reform out there, the other party uses it as a political weapon against you.

Obviously, I have certain policy positions that I push and advocate for that would benefit people dealing in a system that breeds inequality and makes life more difficult for people.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

I fundamentally believe that politics is counterintuitive. The left think they're helping working people by providing more rights, but all that actually happens is you create poverty and despair, because jobs go to your competitors who have fewer rights for workers.

'The Economist' is a biased organization.

In economics, the majority is always wrong.

I've felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.

In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess.