Now according to me, and this is my cosmology scheme, which I'm having trouble persuading the cosmologists about, is that when the universe is rid of pretty well all its matter, it in a certain sense forgets how big it is. Now that's a crazy idea, but you see if you don't have any mass around you don't have any way of scaling the size of the universe, and so it in effect becomes the big bang of the next aeon as I'm calling it – A E O N. So according to my scheme, the universe as we currently understand it, which is from big bang, and then there's this inflationary phase which I don't believe in, which is supposed to take place very, very early on, and then the universe has this more sedate expansion, and then it has another exponential expansion, and that's it. According to me, that's not it. It morphs into the next big bang.

Our young should prepare to seek their fortunes in this golden age. It is silly to moan that properties and cars are going out of their reach. They will never be out of reach of those who seize their opportunities. Of course those on profit sharing schemes and stock options will do better than those on salaries. But even those on salaries will have their salaries double in the next 10 years of high growth. The big winners will be those who find a vein of gold and dig it out. But you have to work to find it and dig it out. Those who bemuse and befuddle themselves into believing the great opportunities are already behind them will regret it when they see their more discerning and perceptive contemporaries prosper.

When you are famous it is hard to work on small problems. This is what did Shannon in. After information theory, what do you do for an encore? The great scientists often make this error. They fail to continue to plant the little acorns from which the mighty oak trees grow. They try to get the big thing right off. And that isn't the way things go. So that is another reason why you find that when you get early recognition it seems to sterilize you. In fact I will give you my favorite quotation of many years. The Institute for Advanced Study in Princeton, in my opinion, has ruined more good scientists than any institution has created, judged by what they did before they came and judged by what they did after.

On the one hand, we have people that say the aid system is so broken we need to throw it out. And on the other we have people who say the problem is that we need more aid. ... Both sides are right. And the problem is that neither side is listening to the other. Even more problematic, they're not listening to poor people themselves.

And it brings us to the debate that has been going on here: aid versus private sector, aid versus trade, etc. And someone stood up to say that one of the frustrating things is that it's been a simplistic debate. And that's not what the debate should be about. That's engaging in the wrong debate. The issue here is how do we get a partnership that involves government donors, the private sector and ordinary African people taking charge of their own lives? How do we combine all this?