The historical debate is over. The answer is free-market capitalism.

If you are self-motivated, wow, this world is tailored for you. The boundaries are all gone. But if you're not self-motivated, this world will be a challenge because the walls, ceilings and floors that protected people are also disappearing. That is what I mean when I say "it is a 401(k) world." Government will do less for you. Companies will do less for you. Unions can do less for you. There will be fewer limits, but also fewer guarantees. Your specific contribution will define your specific benefits much more. Just showing up will not cut it.

We are led by lawyers who do not understand either technology or balance sheets.

I am hoping, though, that many of them have kids, who, when they have a moment to take a break from their iPods, Internet, or Google, will explain to their parents running the country just how the world is being flattened.

America needs rebooting.

I love America. I think it's the best country in the world. But I also think we're not tending to our sauce.

If you don't visit a bad neighborhood, it might visit you.