The end of history will be a very sad time. The struggle for recognition, the willingness to risk one's life for a purely abstract goal, the worldwide ideological struggle that called forth daring, courage, imagination, and idealism, will be replaced by economic calculation, the endless solving of technical problems, environmental concerns, and the satisfaction of sophisticated consumer demands.

The beauty of mathematics lies in its ability to simplify the complex.

The bond market is the ultimate predictor of future economic activity.

What we do may be small, but it has a huge impact.