A dramatic unwinding of that relationship [between USA and China], by way of an aggressive trade policy, is one of the nightmare scenarios for the global economy as a whole, because it would result in a spiraling depreciation of the dollar, a surge in American interests rates, a collapse in the market for American government debt.

Of course, man is also a weak creature with many bad qualities. And it depends on which of his qualities will in a certain social situation and in a certain climate prevail, which qualities will awaken. The totalitarian system was masterful in how it managed to mobilize all the bad qualities.

Is this administration, the Clinton administration, an administration that needed defending?

You have to be careful, because, in the [Donald] Trump stimulus package, there were two elements. One is the infrastructure investment program, which at this moment doesn't have the financing spelled out in any effective form.

Create sacred spaces in the workplace as well. Classrooms, five years ago, professors would say, I don't want be a nanny to my students. They can do whatever they want. Now professors are saying, put away that laptop, because studies show that it not only takes away the attention of the person who's on the laptop from the class, but everyone around them. There's like a circle around that person that's distracted and not paying attention.

Almost all of us have wondered at one point or another about the taxes we pay: Where does the money go?

What we do have is a gigantic matching tax-cutting program as a way of stimulating the economy.