Capital in the Twenty-First Century (Thomas Piketty)

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Number of highlights: 7

Sunday, February 11, 2024 1:58:24 PM

1. "the main force in favor of greater equality has been the diffusion of knowledge and skills."

Sunday, February 11, 2024 1:59:28 PM

2. "the principal force for convergence—the diffusion of knowledge—is only partly natural and spontaneous. It also depends in large part on educational policies, access to training and to the acquisition of appropriate skills, and associated institutions."

Wednesday, February 21, 2024 8:32:10 AM

3. "Many studies also show that gains from free trade come mainly from the diffusion of knowledge and from the productivity gains made necessary by open borders,"

Wednesday, February 21, 2024 8:32:27 AM

4. "When a country is largely owned by foreigners, there is a recurrent and almost irrepressible social demand for expropriation."

Wednesday, February 21, 2024 8:35:15 AM

5. "the poor catch up with the rich to the extent that they achieve the same level of technological know-how,"

Wednesday, February 21, 2024 8:35:35 AM

6. "the poor catch up with the rich to the extent that they achieve the same level of technological know-how, skill, and education, not by becoming the property of the wealthy."

Wednesday, February 21, 2024 8:35:59 AM

7. "(autarky does not encourage technological transfer)."