Refusing to deal with numbers rarely serves the interests of the least well-off.

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

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.

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

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

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.

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