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.

The only antidote to dangerous ideas is strong alternatives vigorously advocated.

Most investors want to do today what they should have done yesterday.

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

Many children are taught to believe in God. I came to believe in the power of systems analysis.

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

There are idiots. Look around.