Long run Quote by Thomas Piketty

“countries with similar growth rates of income per capita can end up with very different capital/income ratios simply because their demographic growth rates are…

— Thomas Piketty

“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”

— David L. Weimer

“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

Clearly, for capitalism to work properly we must expect some upward normalisation of interest rates at some future point, to provide greater incentive for…

— Kwasi Kwarteng

“This fundamental inequality, which I will write as r > g (where r stands for the average annual rate of return on capital, including…

— Thomas Piketty

“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

The rate of interest acts as a link between income-value and capital-value.

— Irving Fisher

...deficit consumption is, in effect, drawing down on the capital entitlements of future generations

— Jonathon Porritt

“With higher saving and investment rates, both public and private, directed towards productive capital, the United States could overcome secular stagnation.”

— Jeffrey D. Sachs

Once constituted, capital reproduces itself faster than output increases. The past devours the future.

— Thomas Piketty

There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.

— Ray Dalio

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally…

— Ben Bernanke