When inequality gets to an extreme, it is completely useless for growth.

We know too little about global wealth dynamics, so we need international transmission of bank information.

For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an immoderate use of mathematical models, which are frequently no more than an excuse for occupying the terrain and masking the vacuity of the content.

I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.

There is one great advantage to being an academic economist in France: here, economists are not highly respected in the academic and intellectual world or by political and financial elites. Hence they must set aside their contempt for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything.

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

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.