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.

When I look out the window at my backyard, I can't think of anything interesting to ask. I mean, it's green, it's growing-but nothing occurs to me that any concentrated effort of thought could possibly enlighten. Whereas in economic, statistical, or mathematical kinds of things, I can think lots of questions.

The major challenge for the United States is whether it can become the first outward-looking, continental, nonimperialist power in history.

Deflation and secular stagnation are the risks of our time.

Where countries have been able to carry through on their reform commitments - as in Korea, Thailand and the Philippines - results are starting to come in the form of lower interest rates, new investment and increased growth.

In politics, as in poetry, it is sometimes true that it is darkest before dawn.

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.