It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

In the history of the world, no one has ever washed a rented car.

What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.

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

Contagion has become very much a phenomenon, and it's a phenomenon of globalization.

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 certainly was difficult to sell NAFTA because it's always difficult to sell open markets.