Debt is not intrinsically bad. But I make clear to my children that they should only borrow as much as they will be able to pay back.

Asia has an army of low-wage laborers to thank for its economic boom.

It's completely legitimate for a company to continue striving for growth and higher profits. But business activities have to be conducted in a sustainable manner.

The problem with our Blackberry society is that hardly anyone has time anymore to have an unhurried discussion about the long-term developments that will change our lives.

Germany's population is getting older and older and smaller and smaller. To be able to finance our welfare system over the long term, we need more women in the workforce, more children and more immigrants.

The heads of leading American universities say that if they selected applicants based on grades alone, their student bodies would be 100 percent Asian.

For more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America and Europe 150 golden years. If you take the long-term perspective, our economic dominance has been more of an exception than the rule.