A Fed loan to Lehman Brothers would not have prevented a bankruptcy.

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.

There is a very real danger that financial regulation will become a wolf in sheep's clothing.

Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.

One of the things I enjoy the most is fishing.

As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.

There is no way to stabilize the markets other than through government intervention.