Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place — Kenneth Rogoff Copy Share Image
It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families… — Kenneth Rogoff Copy Share Image
I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I… — Kenneth Rogoff Copy Share Image
... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and… — Kenneth Rogoff Copy Share Image
Worrying about inflation now is like worrying about the measles when you might get the plague. — Kenneth Rogoff Copy Share Image
Unbridled capitalism in the United States can't be sustained socially. It leads to tensions. — Kenneth Rogoff Copy Share Image
There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer,… — Kenneth Rogoff Copy Share Image
People aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society. — Kenneth Rogoff Copy Share Image
The problem - at least in the United States - is not that people can't find jobs. The problem is that they're no longer… — Kenneth Rogoff Copy Share Image
Global markets have a much bigger effect on prices and wages in the U.S. and elsewhere than they did before. — Kenneth Rogoff Copy Share Image
Russia depends on natural resources way too much. Russian economy is not diversified enough — Kenneth Rogoff Copy Share Image
If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on… — Kenneth Rogoff Copy Share Image
Cash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills. — Kenneth Rogoff Copy Share Image
We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for… — Kenneth Rogoff Copy Share Image
Today, chess programs have become so good that even grandmasters sometimes struggle to understand the logic behind some of their moves. — Kenneth Rogoff Copy Share Image
