Once constituted, capital reproduces itself faster than output increases. The past devours the future.

Capitalism and market forces are very powerful in producing wealth and innovation. But we need to ensure that these forces act in the common interest.

I think if you look back through time, the history of income, wealth and taxation is full of surprise. So I am not terribly impressed by those who know in advance what will or will not happen.

One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very top so concentration of wealth doesn't get to extreme levels.

China's economic transformation began with the introduction in the 1980s of market incentives in the agricultural sector. These reforms were followed by a gradual opening to the global economy, a process that accelerated in the early 1990s.

I want to be one of the greats. I feel like the money and all that is going to come, but I want to be a name that, like, when you say Nas or Jay Z, that's forever.

During my undergraduate training at UCLA, I was studying finance and securities; my particular interest was with mutual funds. Wanting to get into a high position at some of the companies that were doing that, I knew that law would be useful.

He didn't work for money. He worked because he loved kids and education.