Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.

In politics, as in poetry, it is sometimes true that it is darkest before dawn.

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.

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.