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 advancebackfull Change image and share on social
When inequality gets too extreme, then it becomes useless for growth, and it can even become bad because it tends to lead to high perpetuation of inequality over time and low mobility. Thomas Piketty badextremegrowth Change image and share on social
We know too little about global wealth dynamics, so we need international transmission of bank information. Thomas Piketty bankdynamicglobal Change image and share on social
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 conclusiondrawhappy Change image and share on social
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 badclassdecent Change image and share on social
Yeah, I am in favor of migration. But I am also in favor of education. But at the same time, I am in favor of progressive taxation. I think we need all of this. I think we don't have to choose one. Thomas Piketty chooseeducationfavor Change image and share on social
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 commonexcessiveextreme Change image and share on social
I believe in the power of ideas, I believe in the power of books, but you have to give them time. Thomas Piketty bookgiveidea Change image and share on social
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 companyeasyentrepreneur share on social
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 netpermissionprogressive Change image and share on social
