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

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

When inequality gets to an extreme, it is completely useless for growth.

We know too little about global wealth dynamics, so we need international transmission of bank information.

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.

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.

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.