The two world wars boosted American power and devastated potential rivals to an extent that could not have lasted more than a few decades.

I think the best way to control a population is to urbanize and to educate women. We have seen historically in many, many countries that once women are educated and have opportunities, and that happens when they live in cities and once they improve their economies, they no longer want to have eight kids.

Authoritarian governments are now trying to ensure that the increasingly free flow of ideas and information through cyberspace fuels their economies without threatening their political power.

In the nearer term, the likeliest source of risk is a conflict between China and the U.S. These are now the two largest economies in the world, and the combination of their economic interdependence, the sharp differences in their political and economic values, and the growing divergence in their interests makes this relationship potentially dangerous for everyone who might be affected by it - which means pretty much everyone.

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

Whether it is gun control lobby, health care lobby, or abortion, pro-choice lobby, whatever it is, people are always trying to say that it is about restricting rights and they are never really prepared to talk about what the honest tradeoffs are. One of the things we need to do a better job of is actually painting those tradeoffs.

Political scientists don't work at banks which is a problem. As political issues become more important for the markets, analysts at banks are asked all sorts of questions they don't have the ability to answer. And if you're getting paid to answer questions as analysts at banks are you never want to be in the position of saying you don't know.