You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.

Investment in girls' education may well be the highest-return investment available in the developing world.

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.

The major challenge for the United States is whether it can become the first outward-looking, continental, nonimperialist power in history.

Deflation and secular stagnation are the risks of our time.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.