Economists should be modest and be aware that they are part of the broader social science community. We need to be pragmatic about the methods we use. When we need to do history, we should do history. When we need to study political science, we should study political science. Thomas Piketty awarebroadcommunity share on social
Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they don't even talk - sometimes not even with their girlfriend or boyfriend or friends - about what they are doing. Thomas Piketty boyfriendeconomistfriend share on social
I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people. Thomas Piketty agreeassetcapital Change image and share on social
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 freedomgoodgrowth Change image and share on social
