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Thomas Piketty Quotes

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I loved American universities. In many ways, they are better organized - certainly than French universities  (Thomas Piketty Quotes) It’s important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.  (Thomas Piketty Quotes) Private property and the market system are good not only to promote innovation and to promote growth; private property and the market system are good for our personal freedom.  (Thomas Piketty Quotes) No hypocrisy is too great when economic and financial elites are obliged to defend their interest  (Thomas Piketty Quotes) 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.  (Thomas Piketty Quotes) The main force pushing toward reduction in inequality has always been the diffusion of knowledge and the diffusion of education.  (Thomas Piketty Quotes) When you are an entrepreneur, you have founded your own firm, it is so easy to find that you exist - you are the main shareholder of your company; it is very easy to look at the stock market position of your company to know how rich you are.  (Thomas Piketty Quotes) I was born too late to have any temptation with communism, or at least Soviet-type communism. Travelling in Eastern Europe and the ex-Soviet Union, you clearly don’t want to defend a system that would have empty shops and a totalitarian regime and internal passports.  (Thomas Piketty Quotes) It’s not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.  (Thomas Piketty Quotes) Having a decent share of the national wealth for the middle class is not bad for growth. It is actually useful both for equity and efficiency reasons.  (Thomas Piketty Quotes) The United States could transform its property tax system into a progressive tax on net worth without asking permission to the rest of the world.  (Thomas Piketty Quotes) At the heart of every major political upheaval lies a fiscal revolution  (Thomas Piketty Quotes) ... the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences  (Thomas Piketty Quotes) We want capitalism and market forces to be the slave of democracy rather than the opposite  (Thomas Piketty Quotes) 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  (Thomas Piketty Quotes) Wealth is so concentrated that a large segment of society is virtually unaware of its existence  (Thomas Piketty Quotes) The principal mechanism for convergence at the international as well as the domestic level is the diffusion of knowledge  (Thomas Piketty Quotes) Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers  (Thomas Piketty Quotes) What was the good of industrial development, what was the good of all the technological innovations, toil, and population movements if, after half a century of industrial growth, the condition of the masses was still just as miserable as before, and all lawmakers could do was prohibit factory labor by children under the age of eight?  (Thomas Piketty Quotes) Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills  (Thomas Piketty Quotes) 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  (Thomas Piketty Quotes)