What was the good of industrial development, what was the good of all the technological innovations, toil, and population movements if, after half a century of industrial growth, the condition of the masses was still just as miserable as before, and all lawmakers could do was prohibit factory labor by children under the age of eight?
Thomas PikettyNo hypocrisy is too great when economic and financial elites are obliged to defend their interest.
Thomas PikettyIndeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.
Thomas PikettyThe U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.
Thomas PikettyI 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 Piketty