If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place.

Contagion has become very much a phenomenon, and it's a phenomenon of globalization.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

My daddy was a World War I pilot, and I just wanted to be able to fly like he did.

The U.S. military is not war weary. Our military draws strength from confronting our enemies when clear policy objectives are set and we are fully resourced for the fight.

Later the Administration wanted me to actually sell all remaining surplus by running the War Assets Corporation. I said I couldn't do it without some shoe leather.

I believe that democracy is the best guarantor for peace and cooperation among nations.