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

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

Das Kapital, I think, is very difficult to read, and for me, it was not very influential.

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.

Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.

I am not political. It is not my job. But I would be happy if politicians could read my work and draw some conclusions from it.