Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.

As far as Afghanistan is concerned, I'm not sure whether the United States and Pakistan have the same objectives. Pakistan would like Afghanistan to be under its control.

The National Stock Exchange was strongly opposed by Bombay stockbrokers and captains of industry. I thought some competition is good. The exchange has given a very good account of itself.

We got government off the backs of the people of India, particularly off the backs of India's entrepreneurs. We introduced more competition, both internal competition and external competition. We simplified and rationalized the tax system. We made risk-taking much more attractive.

When I joined 'Essence,' I was a young, single mother. I was 24. I hadn't gone to college. I wasn't making any money at 'Essence' - what was it, $500 a month - and I was struggling. So I was always looking down the road, always hoping for a better, you know, tomorrow.

It is entirely undemocratic to continue these burdens on the people for years and years after the requirements of protection have been met and the representatives of these industries have become incrusted with wealth.

I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information.

Obama's most radical goal has not been the transformation of our economy, our foreign policy, or our place in the world. Obama aims to transform what it means to be an American.