Piketty Quotes
Collection of top 58 famous quotes about Piketty
Piketty Quotes & Sayings
Happy to read and share the best inspirational Piketty quotes, sayings and quotations on Wise Famous Quotes.
The main force pushing toward reduction in inequality has always been the diffusion of knowledge and the diffusion of education.
— Thomas Piketty
The only way to overcome these contradictions is for the countries of the Eurozone (or at any rate those who are willing) to pool their public debts.
— Thomas Piketty
Income from labor [in the United States] is about as unequally distributed as has ever been observed anywhere.
— Thomas Piketty
Once constituted, capital reproduces itself faster than output increases. The past devours the future.
— Thomas Piketty
Modern redistribution is built around a logic of rights and a principle of equal access to a certain number of goods deemed to be fundamental.
— Thomas Piketty
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
We want capitalism and market forces to be the slave of democracy rather than the opposite.
— Thomas Piketty
I believe in the power of ideas, I believe in the power of books, but you have to give them time.
— Thomas Piketty
The bad news (or good news, depending on your point of view) is that things have always been like this.
— Thomas Piketty
Protectionism does not produce wealth, and free trade and economic openness are ultimately in everyone's interest
— Thomas Piketty
What I argue for is a progressive tax, a global tax, based on the taxation of private property.
— Thomas Piketty
Taxation is not a technical matter. It is preeminently a political and philosophical issue, perhaps the most important of all political issues.
— Thomas Piketty
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
There is a fundamentalist belief by capitalists that capital will save the world, and it just isn't so.
— Thomas Piketty
political democracies that do not democratize their economic systems are inherently unstable.
— Thomas Piketty
Progress in medicine together with improved living conditions has therefore, it is argued, totally transformed the very essence of capital.
— Thomas Piketty
Without precisely defined sources, methods, and concepts, it is possible to see absolutely everything and its opposite.
— Thomas Piketty
I loved American universities. In many ways, they are better organized - certainly than French universities.
— Thomas Piketty
I think inequality is fine, as long as it is in the common interest. The problem is when it gets so extreme, when it becomes excessive.
— Thomas Piketty
(autarky does not encourage technological transfer).
— Thomas Piketty
the future could hold in store a new world of inequality more extreme than any that preceded it.
— Thomas Piketty
The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and '20s.
— Thomas Piketty
wealth in the rich countries is currently divided into two approximately equal (or comparable) parts: real estate and financial assets.
— Thomas Piketty
'Das Kapital,' I think, is very difficult to read, and for me, it was not very influential.
— Thomas Piketty
I don't live in the Cold War. Some people maybe still live in the Cold War, but this is their problem, not mine.
— Thomas Piketty
We know too little about global wealth dynamics, so we need international transmission of bank information.
— Thomas Piketty
Wealth is so concentrated that a large segment of society is virtually unaware of its existence.
— Thomas Piketty
My premise is not to tax to destroy the wealth of the wealthy; it's to increase the wealth of the bottom and the middle class.
— Thomas Piketty
I'm not as pessimistic as what a number of people seem to believe.
— Thomas Piketty
the upper classes instinctively abandoned idleness and invented meritocracy lest universal suffrage deprive them of everything they owned.
— Thomas Piketty
Autarky has never promoted prosperity.
— Thomas Piketty
I don't pretend that I can predict the future value of the growth rate or rate of return.
— Thomas Piketty
Democracy will never be supplanted by a republic of experts - and that is a very good thing.
— Thomas Piketty
A tax on capital would promote the general interest over private interests while preserving economic openness and the forces of competition.
— Thomas Piketty
can we imagine political institutions that might regulate today's global patrimonial capitalism justly as well as efficiently?
— Thomas Piketty
All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent.
— Thomas Piketty
(which did not exist before the creation of the income tax in 1913)
— Thomas Piketty
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
No hypocrisy is too great when economic and financial elites are obliged to defend their interest.
— Thomas Piketty
Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.
— Thomas Piketty
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.
— Thomas Piketty
Sub-Saharan Africa, with a population of 900 million and an annual output of only 1.8 trillion euros (less than the French GDP of 2 trillion),
— Thomas Piketty
Everyone is political in his or her own way.
— Thomas Piketty
tax is always more than just a tax: it is also a way of defining norms and categories and imposing a legal framework on economic activity.
— Thomas Piketty
The principal mechanism for convergence at the international as well as the domestic level is the diffusion of knowledge.
— Thomas Piketty
Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.
— Thomas Piketty
one would expect to see a flow of investments in Africa from other countries, especially China and other Asian nations.
— Thomas Piketty
Taxation is neither good nor bad in itself. Everything depends on how taxes are collected and what they are used for.
— Thomas Piketty
The social sciences collectively know too little to waste time on foolish disciplinary squabbles.
— Thomas Piketty
The only continent not in equilibrium is Africa, where a substantial share of capital is owned by foreigners.
— Thomas Piketty
Inequality is not necessarily bad in itself: the key question is to decide whether it is justified, whether there are reasons for it.
— Thomas Piketty
Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.
— Thomas Piketty