If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.

We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.

Natural resources have dropped out of the competitive equation. In fact, a lack of natural resources may even be an advantage. Because the industries we are competing for - the industries of the future - are all based on brainpower.

If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.

Major investment decisions have become too important to be left to the private sector.

Change requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies, public and private, will not take on the job of changing what is.

Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.