The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.

As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development.

During the past two decades, inflation has fallen to a low level in major industrial countries.

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.

If you've had some success as a venture capitalist, you get a lot of inbound emails from entrepreneurs. But if you look back on the best deals, it's with the entrepreneurs who say, 'You show me why I should take your money.'

My mother was devoted to helping people - with my father's money! - who had great voices but didn't have the financial means to study music. He and my mum gave away dozens of music scholarships, and my mum opened a school in town, introduced opera to children and created fantastic programmes.

So as soon as the land was worth something and there was money in the bank, all of a sudden everybody got interested in non-discrimination, in who's really going to administer this stuff.

In 'Love Story,' Oliver Barrett IV comes from generations of wealth and privilege, but when he meets working-class Jennifer Cavilleri, he can't resist. When they marry, his father disowns him, but they struggle on in love, until she's diagnosed with cancer and they can't afford the costly treatments.