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 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 PikettyEconomists 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 PikettyFor far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely on an immoderate use of mathematical models, which are frequently no more than an excuse for occupying the terrain and masking the vacuity of the content.
Thomas Piketty