The principal mechanism for convergence at the international as well as the domestic level is the diffusion of knowledge.

At the heart of every major political upheaval lies a fiscal revolution.

I loved American universities. In many ways, they are better organized - certainly than French universities.

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

Refusing to deal with numbers rarely serves the interests of the least well-off.

It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.