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.

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.

The democratic ideal has always been related to a moderate level of inequality. I think one big reason why electoral democracy flourished in 19th century America better than 19th century Europe is because you had more equal distribution of wealth in America.

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

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

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.

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.