Income inequality Quote by Thomas Piketty

“What we see in the period 1870–1914 is at best a stabilization of inequality at an extremely high level, and in certain respects an…

— Thomas Piketty

“The institutional dynamics we have described ultimately determined which countries took advantage of the major opportunities present in the nineteenth century onward and which…

— Daron Acemoğlu

“For instance, in Sweden, Finland, and Germany, income inequality has actually grown more quickly over the past twenty to thirty years than in the…

— Erik Brynjolfsson

“When inequality alarmists like Krugman hold up the post-war era as a model, they are not doing so in the name of prosperity, or…

— Don Watkins

“The idea was that inequalities increase in the early phases of industrialization, because only a minority is prepared to benefit from the new wealth…

— Thomas Piketty

“Indeed, the instability of families’ incomes has risen faster than the inequality of families’ incomes.”

— Jonathan Morduch

“What determines inequality among individuals within a single nation? Are there certain regularities that make inequality behave in a particular way as societies develop?”

— Branko Milanović

“If we compare the gap separating rich and poor, whether measured by overall assets or annual income, we find that in every continental European…

— Tony Judt

“Recently, the International Monetary Fund published a report which revealed that too much inequality even inhibits economic growth.22 Perhaps the most fascinating finding, however,…

— Rutger Bregman

“With the recent demise of totalitarian communisms, and new rise of capital’sglobal reach and power, it has become fashionable to explain away today’s gross…

— Kent Welton

The world before 1914 was already a world in which the welfare of each individual nation was inextricably bound up with the prosperity of…

— Arthur Henderson

The Princeton economist Alan Krueger has demonstrated that societies with higher levels of income inequality are societies with lower levels of social mobility.

— George Packer