I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.
Thomas PikettyWe know too little about global wealth dynamics, so we need international transmission of bank information.
Thomas PikettyWhen the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.
Thomas Piketty