Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they dont even talk - sometimes not even with their girlfriend or boyfriend or friends - about what they are doing.

Without precisely defined sources, methods, and concepts, it is possible to see absolutely everything and its opposite.

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

We want capitalism and market forces to be the slave of democracy rather than the opposite.

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.

Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.

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