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

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.

I loved American universities. In many ways, they are better organized - certainly than French universities.

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.

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.