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

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

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

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

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.

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

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.