A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.

The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

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.

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

There are idiots. Look around.

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