I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they're right.

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.

You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.

It's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.

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.