Productivity Is Notoriously Difficult To Predict.

Indeed, Better Risk Management May Be The Only Truly Necessary Element Of Success In Banking.

The Guiding Purpose Of The Government Regulator Is To Prevent Rather Than To Create Something.

If We Allow Terrorism To Undermine Our Freedom Of Action, We Could Reverse At Least Part Of The Palpable Gains Achieved By Postwar Globalization. It Is Incumbent Upon Us Not To Allow That To Happen.

There Is Nothing To Guarantee The Superior Judgment, Knowledge, And Integrity Of An Inspector Or A Bureaucrat-and The Deadly Consequences Of Entrusting Him With Arbitrary Power Are Obvious.

Regulation Of Derivatives Transactions That Are Privately Negotiated By Professionals Is Unnecessary.