When I was growing up in South Korea in the '70s and early '80s, the country was too poor to buy original records. Everything was bootlegged.

I am one of the most successful economists, according to what markets tell us, though most of my professional colleagues, who are much keener to accept market outcomes than I am, would dismiss me as a crank or - the worst of all abuses among economists - a 'sociologist.'

Overcoming the myth that there is such a thing as an objectively defined 'free market' is the first step towards understanding capitalism.

When we assess the impact of technological changes, we tend to downplay things that happened a while ago.

When we got quite big and were generating a lot of money through the arenas, we became quite a big thing, and a lot of managers appeared, and it became a big machine, like we were in Pink Floyd or something, and I don't think we were into that. We didn't really compromise.

One of the obvious things that went wrong with Multics as a commercial success was just that it was sort of over-engineered in a sense. There was just too much in it.

In India, it's the rich who have problems with obesity. And the poor are darker-skinned because they work outside and often work without their tops on so you can see their ribs.

Our financial markets work best when they are competitive, fair, and transparent.