"The stern dad stuff doesn't work anymore. You have to be level with the kids, you have to be a nice guy... The authority thing just doesn't work anymore. It's like directing a Chinese film vs. directing an American film. On a Chinese film you just give orders, no one questions you. Here, you have to convince people, you have to tell them why you want to do it a certain way, and they argue with you. Democracy."
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"Balancing fiscal and monetary policies is a problem. If you do just one thing, it is not necessarily enough—neither monetary policy alone nor fiscal policy alone, and neither tax cuts nor expenditure …"
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