The day when the scientist, no matter how devoted, may make significant progress alone and without material help is past. This fact is most self-evident in our work.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
I'm working seven days a week in the fall. I couldn't possibly keep that up. This is only for the fall. In the last couple of years I've tended to do most of my serious writing in the winter, when there's nothing going on with football.

