Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.

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.

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

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.

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.

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.