All the Congress, all the accountants and tax lawyers, all the judges, and a convention of wizards all cannot tell for sure what the income tax law says.

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.

Information about money has become almost as important as money itself.

There'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics.

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

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

Risk is not a dirty word.