Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they dont even talk - sometimes not even with their girlfriend or boyfriend or friends - about what they are doing.
Thomas PikettyI 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 PikettyIt's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.
Thomas Piketty