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.

There are idiots. Look around.

Deflation and secular stagnation are the risks of our time.

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.

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.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.