You could see how money is different all of a sudden in Italy when they had the lire and now they have the euro. So they, in a revolutionary way, have gone from bad money to good money comparatively. But what about the rest of the world?

It is easy to say that there are the rich and the poor, and so something should be done. But in history, there are always the rich and the poor. If the poor were not as poor, we would still call them the poor. I mean, whoever has less can be called the poor. You will always have the 10% that have less and the 10% that have the most.

If things are not so good, you may be one to imagine something better. For me, I was able to imagine myself as in a role of greater importance than I would seem to be ordinarily.

Of course, the American education system is very inefficient in many ways compared to other countries in Europe or Japan, but it works in such a way that at least the few people who are going onto unusual careers and science can manage to get into that, even though they go through an earlier stage that doesn't give them much.

The dollar used to be a gold standard currency. And the dollar is really good in the last century, I mean in the 19th century.

It has had a tremendous impact on my life, more than on the life of most Prize winners, because I was in an unusual situation. I was unemployed at the time. I was in good health, but I had reached the age of 66 and beginning to get social security, but I didn't have much of that. I had many years of unemployment before me.

I would not dare to say that there is a direct relation between mathematics and madness, but there is no doubt that great mathematicians suffer from maniacal characteristics, delirium, and symptoms of schizophrenia.

I don't think exactly like a professional economist. I think about economics and economic ideas, but somewhat like an outsider.

I was the most important person of the world, and people like the Pope would be just like enemies, who would try to put me down in some way or another, or the president. People are always selling the idea that people who have mental illness are suffering.

I think mental illness or madness can be an escape also. People don't develop a mental illness because they are in the happiest of situations, usually. One doctor observed that it was rare when people were rich to become schizophrenic. If they were poor or didn't have too much money, then it was more likely.