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

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.

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.

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

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

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.

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