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What the Depression teaches us is that when the economy is so depressed that even a zero interest rate isn't low enough, you have to put conventional notions of prudence and sound policy aside.
Paul Krugman
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So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
Martin Feldstein
In our day the conventional element in literature is elaborately disguised by a law of copyright pretending that every work of art is an invention distinctive enough to be patented.
Northrop Frye
I believe that monetary policy has a chronic defect. It is asymmetric-it works better in restraining an economy than in stimulating an economy.
Lawrence Klein
Either you repeat the same conventional doctrines everybody is saying, or else you say something true, and it will sound like it's from Neptune.
Noam Chomsky
Sleep is the interest we have to pay on the capital which is called in at death; and the higher the rate of interest and the more regularly it is paid, the further the date of redemption is postponed.
Arthur Schopenhauer