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Quote by Thomas Piketty

“Superior abilities... are the source of everything that is great and useful. Reduce everything to equality and you will bring everything to a standstill. One sometimes hears the same argument expressed today in the idea that the new information economy will allow the most talented individuals to increase their productivity many times over. The plain fact is that this argument is often used to justify extreme inequalities and to defend the privileges of the winners without much consideration for the losers, much less for the facts, and without any real effort to verify whether this very convenient principle can actually explain the changes we observe.”

Quote by Thomas Piketty

Book:Capital in the Twenty First Century
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Capital in the Twenty First Century

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Author

Thomas Piketty
Thomas Piketty

Thomas Piketty is a renowned French economist born on May 7, 1971. His research focuses on income and wealth inequality, economic growth, and capital accumulation. Piketty is known for his in-depth studies on inequality and his influential book 'Capital in the Twenty-First Century' has had a global impact. more

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