Economist:Thomas Piketty
Thomas Piketty[edit]
Biography[edit]
French economist known for his work on wealth and income inequality.
School of Thought[edit]
Neo-Marxian Economics
Notable Quotes[edit]
On Wealth Inequality and Technology[edit]
"When the rate of return on capital exceeds the rate of growth of output and income, capitalism automatically generates arbitrary and unsustainable inequalities."[1]
On Human Capital in Age of AI[edit]
"Technology and international competition do not necessarily lead to wage inequality; education and institutions are what matter."[2]
On Wealth Inequality and Technology[edit]
"The history of inequality is shaped by the way economic actors view what is just and what is not."[3]
On Economic Measurement in Digital Economy[edit]
"Wealth concentration is as high today as it was a century ago."[4]
On Digital Currency and Monetary Policy[edit]
"Progressive taxation is the only way to prevent endless inequality spiral."[5]
References[edit]
- ↑ Thomas Piketty, Capital in the Twenty-First Century (2014), p. 1, Harvard University Press
- ↑ Thomas Piketty, Capital and Ideology (2020), p. 523, Harvard University Press
- ↑ Thomas Piketty, Capital in the Twenty-First Century (2014), p. 20, Harvard University Press
- ↑ Thomas Piketty, Capital and Ideology (2020), p. 12, Harvard University Press
- ↑ Thomas Piketty, Capital in the Twenty-First Century (2014), p. 572, Harvard University Press