The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.

We must recognise that in an integrated world, trade cannot be divorced from other concerns. We need to promote free trade and serious global efforts with respect to common problems even as we support every nation's right to chart its own course.

The availability of private insurance provides tremendous insulation for millions of individuals

The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

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.

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.