We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today.

We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.

My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.

I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.

Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.

Mankind's ability to understand and control the forces of nature greatly exceeds our ability to govern ourselves

When money is free, the rational lender will keep on lending until there is no one else to lend to.