As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns.

I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

My teachers helped guide and motivate me; but the responsibility of learning was left with me, an approach to learning which was later reinforced by my experiences at Amherst.

If Trump actually wants to help those who have been left behind, he must go beyond the ideological battles of the past.

While security of national leadership is of paramount significance, expenditure on permanent civil structures at the family home of the prime minister and chief minister from public exchequer will be a burden on their conscience.

The Arab spring was not as radical as the French or Iranian revolutions. It did not pull out the deeply entrenched roots of the state. Instead, it was satisfied to replace the top of the pyramid with newly elected, but inexperienced, leaders.

In my wildest dreams, I never would have thought we'd come to the point where were talking about the re-election of a black president.

Women were free in older times when the Islamic nation was strong. There are so many examples in history, not more than a thousand years ago, when Muslim women were leaders, scientists, professionals, and so on. It is all about justice, and justice can be attained through having the rulers accountable to their people.