Robert Mundell

The most important initiative you could take to improve the world economy would be to stabilize the dollar-euro rate.

The U.S. berates China for its exchange rate policy, which Washington doesn't like. But one-sided pressure on China to change its exchange rate is misplaced.

I have never believed that central banks should have rigid inflation targeting. That is not a good thing to stabilize. There is nothing in economic theory to back this.

So every dollar of income that I have that is potentially taxed away is a dollar I can't put in my company to create a job. My entire company is around job creation.

In the 20 years before Greece end up with the Euro, efforts to improve competitiveness through exchange rate and adjustments resulted only in temporary gains of competitiveness.

What people don't understand about Sarah Palin is that she is a rancher's wife. From Alberta down to Texas I've known women like that: good common sense, bright and vilified by city people.