It’s easy to see why politicians would be drawn to the populist pose. First, it makes everything so simple. The economic crisis was caused by a complex web of factors, including global imbalances caused by the rise of China. But with the populist narrative, you can just blame Goldman Sachs.

Maybe you're willing to tolerate a lot of bigotry from Donald Trump if you say, just change things, just change things.

The corruption will come back to haunt the Trump administration. But mostly, it'll come back to haunt the American economy, as companies decide they can make money by rent-seeking, by getting money from government rather than earning it the old-fashioned way.

I take a benign view of digital connectedness. I notice in most young people's lives, Facebook and such doesn't replace normal dating or hanging out, it just facilitates it.

In my view, success is earned externally by being better than other people. But character, that sort of unfakeable goodness, is earned by being better than you used to be. And it's about self-confrontation.

I think the twenty-first century happened, basically. That this century started on 9/11. And basically, it's been a century of counter reaction to globalization and the meritocracy. And a good century for 72 nations have gotten more authoritarian. We've had Brexit. We have Le Pen rising in France. We've just got a lot of these types all around the world. And the people who are suffering from globalization and the meritocracy are saying, "No more. You know, we get a voice too."

For us going forward, it's to not reverse the dynamism of American society and the diversity. It's to pay attention to the people who are being ruined by it, and so this doesn't happen again.