"It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it would be nice if this system could calm down a touch. One option is the Tobin tax, which would impose a tax of around 0.1 percent on currency trades, and act as a kind of damper on speculation."

“Economists often talk about the benefits of choice, but rational economic man doesn't actually have much freedom to chose, because he is a slave to his own preferences.”

“To balance the economy, we need first to balance our priorities, and abandon rigid ideologies.”

“The economy is a nonlinear fractal system, where the smallest scales are linked to the largest, and the decisions of the central bank are affected by the gut instincts of the people on the street.”

“Advanced technology is great at tasks such as keeping an airliner flying several thousand feet in the air, but is easily crippled by social complications.”

“A society in which each person is hell bent on maximizing his or her own utility, may therefore have declining overall utility.”

“Perfect order is boring, perfect randomness is boring, but complex systems are interesting.”