You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.

Active learning is always involved with interaction between teachers and students and Socratic methods and that's gonna continue.

If you destroy a firm, you can't pull it out of bankruptcy overnight.

The international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our commodities, but we aren't going to open our markets to your commodities. In the nineteenth century, they used gunboats. Now they use economic weapons and arm-twisting.

It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus on stabilization, liberalization, privatization.

Poverty is what we call the extremes at the bottom.

As a rich country, we can, in some sense, "afford" the war. But spending money on the war means that we are not spending money on other things that we could have spent the money on.