If we had a truth-in Government act comparable to the truth-in-advertising law, every note issued by the Treasury would be obliged to include a sentence stating: This note will be redeemed with the proceeds from an identical note which will be sold to the public when this one comes due.

When you retire you go from Who's Who to Who's That?

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

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.

The information revolution has changed wealth. Intellectual capital is far more important than money.

The person who figures out how to harness the collective genius of his or her organization is going to blow the competition away.

As long as capital-both human and money-can move toward opportunity, trade will not balance.