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“We know too little about global wealth dynamics, so we need international transmission of bank information.” quote by Thomas Piketty
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“We know too little about global wealth dynamics, so we need international transmission of bank information.”

Thomas Piketty

About This Quote

Source Book: Capital and Ideology, 2020

The quote argues that insufficient knowledge of wealth distribution hampers effective global financial transparency.

In simple terms: We lack data on wealth, need better sharing.

Key Takeaway

Improve wealth data sharing.

Themes

economics wealth transparency

Mood

analytical concerned optimistic

Type

policy economic informational

When to use this quote

  • government regulation
  • academic research
  • international cooperation

Key Concepts

global finance policy inequality

Questions to Reflect On

  • What mechanisms can protect privacy while sharing data?
  • How does wealth data affect policy?
A Different Perspective

Data privacy concerns may limit sharing.

3.3 out of 5 (10 ratings)

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