Politicians like to tell people what they want to hear - and what they want to hear is what won't happen

Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles

The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support

Funeral by funeral, theory advances

Economics has never been a science - and it is even less now than a few years ago

Companies are not charitable enterprises They hire workers to make profits. In the United States, this logic still works. In Europe, it hardly does

Self-deception ultimately explains Japan's plight. The Japanese have never accepted that change is in their interest - and not merely a response to U.S. criticism