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

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

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.

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

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.

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

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.