The challenge for capitalism is that the things that breed trust also breed the environment for fraud.

Real politics is messy and morally ambiguous and doesn't make for a compelling thriller.

Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.

In American politics, 'Europe' is usually a code word for 'big government.'

Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.

I tend to have a hard time working on pieces long before they're due. That's why I think the fact that I write a column is really good for me - the column has to be done, and there's no getting around it.

Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.