The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.

China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.

In China, export lobbies have fought for policies that favor their interests and limit foreign competition.

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.

China saves too much, produces too much, sells too much to Americans and consumes too little.