Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would af...
I looked into studying psychoanalysis, wrote to the governing body and was about to start the year where they psychoanalyse you, four times a week, before you get to do it yourself. I just thought I'd taken the ventriloquism as far as I could. My act...
Our lives are led, and our decisions made, within a network of needs and wants, some natural, some arising from the acts of others, some aggravated by the acts of the state. We are all bored, or threatened, or tantalized in differing degrees by a per...
When the vision of the U.S. government included guarding the rights of people but staying out of their way, America was an economic engine more powerful than anything the world had ever witnessed.
In response to our fast-food culture, a 'slow food' movement appeared. Out of hurried parenthood, a move toward slow parenting could be growing. With vital government supports for state-of-the-art public child care and paid parental leave, maybe we w...
I've criticized President Bush for his failure to use his veto pen. There's plenty of blame to go around. The question is how to solve problems. It's not bailouts. What made America great? Free markets, free enterprise, manufacturing, job creation. T...
We believe that business is the engine that drives the car. You've got to build your business base. That means creating more jobs, better paying jobs - that's how you raise your standard of living. That's how you raise your quality of life. That's wh...
We have lost that which has made us great over the generations, and that is the sense of individual and personal responsibility that we can come up, we can pursue our dreams and our aspirations and we won't be blocked by government regulation, by the...
But nothing is better than the market, where the customer and the business deal directly with each other, because if you rip people off, word gets out. That business eventually loses its customers, and the good ones that serve people well get the bus...
As I've progressed in my career, I've come to appreciate - and really value - the other attributes that define a company's success beyond the P&L: great leadership, long-term financial strength, ethical business practices, evolving business strategie...
I don't think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and...
It has been an honor to work in the Obama Administration and to serve this President, particularly during a period of unprecedented change in the broader Middle East. Obviously, there is still work to do but I promised my wife I would return to gover...
I don't believe that the science is settled on man-made climate change. And so - while I live in Colorado - you see where I live. I love the environment. And - and I want to make sure we do everything we can to protect the environment. I don't want g...
If the court strikes down the Defense of Marriage Act, is that a 'liberal' result enabling gay couples married in states where gay marriage is legal to enjoy the same economic advantages that federal laws now grant to straight couples? Or is it a 'co...
Every one says: 'Listen, I'd love to reinvest. I'd love to hire people. But I have no idea what this healthcare bill is going to do to my bottom line. I have no idea what this financial reform bill is going to do... I'm not going to step out a limb a...
I've been around long enough to not take seriously statements like I am about to be crushed. I'm about how do we seek re-election of the Australian government, how we prevent Tony Abbott from being elected. The bottom line is that it should be all ha...
I think its rather peculiar. It's not in keeping with our founding documents, our founding vision. But I'd guess you'd have to ask the Obama administration why they purged all this language from their platform. There sure is a lot of mention of gover...
As Indians, we take great pride in the fact that we are a progressive nation. We are proud of our democracy, our secular values as well as our entrepreneurial spirit. We are appalled by the harsh laws that govern women's lives in Taliban-dominated la...
A good two years after Hurricane Katrina I remember feeling so devastated and so ignorant that there was so much damage still left. I felt like here I was an American and this is an American city and the government hasn't done enough and people haven...
What's been happening in Iraq, what young Americans wearing flak jackets, helmets and flight suits have done is... created the circumstances under which Iraq can become our closest ally in that part of the world and still have a representative govern...
I think the Tea Party movement is great. I think anybody who has been frustrated over the last few years with the Republicans and Democrats, when they were trying to grow government and have spending and we weren't focusing on creating jobs and get o...
