Media reporters have pointed out that the paragraphs in my Time column this week bear close similarities to paragraphs in Jill Lepore's essay in the April 22nd issue of The New Yorker. They are right. I made a terrible mistake. It is a serious lapse and one that is entirely my fault. I apologize unreservedly to her, to my editors at Time, and to my readers.

My friends all say I’m going to be Secretary of State, [but] I don’t see how that would be much different from the job I have now

Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.

Iran is a country of 80 million people, educated and dynamic. It sits astride a crucial part of the world. It cannot be sanctioned and pressed down forever. It is the last great civilization to sit outside the global order.

Americans have so far put up with inequality because they felt they could change their status. They didn't mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense - the idea that anyone can make it.

It is absolutely clear that government plays a key role, as a catalyst, in promoting long-run growth.

I should not be judged by a standard that's not applied to everyone else.