The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.

One man saying that everything is wrong can command coast-to-coast attention in living color, a power not given to an absolute monarch a century ago.

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

Capital goes where it is welcome and stays where it is well treated.

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.

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.

Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.