“The U.S. basically wrote the rules and created the institutions of globalisation.”

What you measure affects what you do. If you don’t measure the right thing, you don’t do the right thing.

Poverty is what we call the extremes at the bottom.

When you don’t have equality of opportunity because you don’t have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

American inequality didn’t just happen. It was created.

GDP tells you nothing about sustainability.

When I said “the pocket of the banks,” it is not necessarily a mercenary relationship. It is a mindset.

Amherst is a liberal arts college, committed to providing students with a broad education.

Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.

Climate change is a reality.

We won’t have an economic recovery until Covid-19 is under control.

It’s easy to get rich by getting a state asset at a deep discount.

I grew up in a family in which political issues were often discussed, and debated intensely.

Inequality is a choice. It is not inevitable.

Letting bygones be bygones is a basic principle in economics.

Nationalization of private debts undermines prudential lender behavior and is a government intervention in the market.