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

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

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

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.

Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter

One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.

A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.