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

The discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences.

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

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.

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

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

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