The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.
It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
The major challenge for the United States is whether it can become the first outward-looking, continental, nonimperialist power in history.
It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century.
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.
In politics, as in poetry, it is sometimes true that it is darkest before dawn.