The developed world should neither shelter nor militarily destabilize authoritarian regimes unless those regimes represent an imminent threat to the national security of other states. Developed states should instead work to create the conditions most favorable for a closed regime's safe passage through the least stable segment of the J curve however and whenever the slide toward instability comes. And developed states should minimize the risk these states pose the rest of the world as their transition toward modernity begins.

It’s foolish to talk of an “Asian century” or an “emerging market century” because events move at a pace that renders this degree of durability obsolete.

An emerging market is a country where politics matters at least as much as economics to the market.

State capitalism is about more than emergency government spending, implementation of more intelligent regulation, or a stronger social safety net. It's about state dominance of economic activity for political gain.

There is always the risk that a conflagration in the Middle East becomes larger and more dangerous. In this scenario, we discover that the Arab Spring was merely the prelude to a deeper and much farther-reaching upheaval in the region that has greater impact on countries like Iran and Saudi Arabia.

Berlin is still a very edgy place, a very cosmopolitan place. It's a place where completely different ideas and cultures come together and clash in a very warm way. In a very warm-hearted way. It's a very young city. It's a vibrant city. It's an exciting city. It's a city that's also scarred by history. I think that's to be celebrated and graffiti is to be celebrated. Graffiti in Berlin is very different than when they spray something on the wall dividing the west bank and Israel. And should be treated as such in Berlin.

We're wealthy people. We're sitting here in New York, Washington. We live in a fantastically wealthy country. We don't have to worry about food. We don't have to worry about clothing. We wore the same shirt. We don't have to worry about our safety. It's very easy for us to be environmentalists. It's very easy for me to be an environmentalist. It's very easy for me to care about making sure that we protect the forests and the whales, and all that stuff. It's very hard for someone who makes $1,000 a year or some who makes less than $1 a day to care about the environment.