Deflation and secular stagnation are the risks of our time.

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.

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 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.

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

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