It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.

There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs

It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.

I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.

The only antidote to dangerous ideas is strong alternatives vigorously advocated.

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.

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.