It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.

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

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.

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 idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

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.

I have always thought that underpopulated countries in Africa are vastly underpolluted.