Bad Quote by Thomas Piketty

You need some inequality to grow... but extreme inequality is not only useless but can be harmful to growth because it reduces mobility and…

— Thomas Piketty

When inequality gets to an extreme, it is completely useless for growth.

— Thomas Piketty

“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

“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

“Incentives aren't the only thing that matter for economic growth. Opportunity is also crucial, and extreme inequality deprives many people of the opportunity to…

— Paul Krugman

The benefits of growth have not trickled down. Income inequalities have become one of the biggest global challenges, attracting growing attention not only in…

— Jose Angel Gurria

The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and…

— Janet Yellen

Rising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.

— Adair Turner, Baron Turner of Ecchinswell

“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

Inequality is not so much a cause of economic, political, and social processes as a consequence. Some of these processes are good, some are…

— Angus Deaton

Economic inequality is a corrosive force that undermines economic growth, puts a brake on the fight against poverty, and sparks social unrest.

— Winnie Byanyima

I think inequality has gone past the point where it's helping us all get rich, and it's really becoming a serious threat.

— Angus Deaton