The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government. — 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
