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Thomas Piketty Quotes


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Quotes by Thomas Piketty

Showing 11-20 of 34 Quotes by 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

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We want capitalism and market forces to be the slave of democracy rather than the opposite.

~Thomas Piketty

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Once constituted, capital reproduces itself faster than output increases. The past devours the future.

~Thomas Piketty

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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

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One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very top so concentration of wealth doesn't get to extreme levels.

~Thomas Piketty

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We know too little about global wealth dynamics, so we need international transmission of bank information.

~Thomas Piketty

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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

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'Das Kapital,' I think, is very difficult to read, and for me, it was not very influential.

~Thomas Piketty

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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

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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

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Biography

Nationality: French

Type: Economist

Born: May 7th, 1971

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