The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely… — Amity Shlaes Copy Share Image
Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow. — Amity Shlaes Copy Share Image
People value Halloween, like Valentine's Day, because they can tell themselves that it's not merely secularized but actually secular, which is to… — Amity Shlaes Copy Share Image
Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing… — Amity Shlaes Copy Share Image
The donning of the ear buds marks the beginning of teen life, when children set off on their own for the passage through adolescence. — Amity Shlaes Copy Share Image
Seems like Americans just want it to be Halloween all year. The holiday just keeps getting more popular. — Amity Shlaes Copy Share Image
Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal… — Amity Shlaes Copy Share Image
Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support… — Amity Shlaes Copy Share Image
Policy people suffer their own kind of agony, and no wonder. After all, what is the average life of the policy person? You go… — Amity Shlaes Copy Share Image
With demands for special education or standardized test prep being shouted in their ears, public schools can't always hear a parent when he says:… — Amity Shlaes Copy Share Image
“Isn’t it a strange thing,” he asked Barton, “that in every period of social unrest men have the notion that they can pass a… — Amity Shlaes Copy Share Image
To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor… — Amity Shlaes Copy Share Image
In my view, if you have one in 10 unemployed - something is wrong with the economy whether you call it recession or not. — Amity Shlaes Copy Share Image
The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine. — Amity Shlaes Copy Share Image
