The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.

Low inflation and government prudence may be harmful for economic development.

The days are over when technology can be advanced in laboratories by individual scientists alone. Now you need an army of lawyers to negotiate the hazardous terrain of interlocking patents. Unless we find a solution to the problem of interlocking patents, the patent system may actually impede the very innovation it was designed to encourage.

There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.

The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.

It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.