Phrase by 'Thomas Piketty'
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The main force pushing toward reduction in inequality has always been the diffusion of knowledge and the diffusion of education.
Author: Thomas Piketty - French EconomistAlways , Education , Knowledge , Inequality
You need some inequality to grow... but extreme inequality is not only useless but can be harmful to growth because it reduces mobility and can lead to political capture of our democratic institutions.
Author: Thomas Piketty - French EconomistYou , Political , Grow , Growth
We want capitalism and market forces to be the slave of democracy rather than the opposite.
Author: Thomas Piketty - French EconomistWant , Democracy , Capitalism , Slave
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.
Author: Thomas Piketty - French EconomistGood , Freedom , Innovation , Growth
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.
Author: Thomas Piketty - French EconomistTime , Bad , Growth , Inequality
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.
Author: Thomas Piketty - French EconomistScience , History , Community , Political
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.
Author: Thomas Piketty - French EconomistWork , I Am , Happy , Be Happy
I am afraid that if you don't find peaceful domestic solutions to our inequality and social problems, then it's always tempting to find other people responsible for our problems.
Author: Thomas Piketty - French EconomistYou , People , I Am , Problems
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.
Author: Thomas Piketty - French EconomistCapitalism , Powerful , Innovation , Wealth
We know too little about global wealth dynamics, so we need international transmission of bank information.
Author: Thomas Piketty - French EconomistKnow , Need , Information , Wealth
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