Countries Similar Quote by Thomas Piketty

“In the long run, the capital/income ratio adjusts to the savings rate and structural growth rate of the economy rather than the other way…

— Thomas Piketty

“Some countries in earlier eras achieved rising per capita incomes but, when the source of the rise had been played out, were unable to…

— Edward A. Hudson

“In Europe today, the capital/income ratio has already risen to around five to six years of national income, scarcely less than the level observed…

— Thomas Piketty

Growth is a substitute for equality of income. So long as there is growth there is hope, and that makes large income differentials tolerable.

— Henry Wallich

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.

— Ludwig von Mises

“There is also the idea, widespread among economists, that modern economic growth depends largely on the rise of “human capital.” At first glance, this…

— Thomas Piketty

Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle…

— Kevin Hassett

While a few poor countries are catching up with the rich world, the differences between the richest and poorest individuals around the globe are…

— Zygmunt Bauman

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And…

— Ludwig von Mises

“There is no country in the world that has a higher birth rate than it had in 1960, and in the less developed world…

— Matt Ridley

If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes…

— Branko Milanovic

“When the rate of return on capital significantly exceeds the growth rate of the economy (as it did through much of history until the…

— Thomas Piketty