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.

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

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 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.

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