Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.

Failure is not a crime. Failure to learn from failure is.

All of life is the management of risk, not its elimination.

Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.

I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want to love their organizations. We need that level of commitment ... Yet organizations have done very little to deserve that kind of staying-power.

A truly global economy, as opposed to the multinational economy of the recent past, will require concessions of national power ... that seemed impossible a few years ago and which even now we can but partly imagine.

The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.