Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
From Lawrence Summers
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.
It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century.
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
I've always thought that underpopulated countries in Africa are vastly underpolluted.
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
Contagion has become very much a phenomenon, and it's a phenomenon of globalization.
You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.
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