A Quote by Thomas Piketty

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people. — © Thomas Piketty
I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.
One of the special characteristics of New York is that it is different from a London or a Paris because it's the financial capital, and the cultural capital, but not the political capital.
Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
Drying up of capital has different consequences in different environments.
That's just like America. It's made up of lots of different people. We're all different colors, different ages, we do different jobs -- but it takes all of us black people, white people, brown people, men and women, young and old, working in the factories, working in the fields, working in offices, working in stores -- it takes a lot of different kinds of people to get the job done for America.
Fundamentalism takes different forms in different religions, but there is one striking similarity in all forms of fundamentalist thought. Each wishes dearly to hold in check all varieties of 'modern' or 'decadent' thinking.
Different men seek after happiness in different ways and by different means, and so make for themselves different modes of life and forms of government.
Different generations and people of different ethnic origins have different views on China. But they all agree on one thing. That is democracy.
If one fourth of the capital of a country were suddenly destroyed, or entirely transferred to a different part of the world, without any other cause occurring of a diminished demand for commodities, this scantiness of capital would certainly occasion great inconvenience to consumers, and great distress among the working classes; but it would be attended with great advantages to the remaining capitalists.
In different lifetimes, you incarnate in different dimensional planes, let alone in different universes in the physical universe.
Well, I mean, the original is certainly the jump-off, it certainly is what it is, you know, I grew up around that era so I watched all those shows. The basic concept is there, it's just a different movie. Totally different actors, different filmmakers, different script, but same concept.
There are lots of different ideas, lots of different opinions about the First Amendment Defense Act and what it should be. There were a lot of different forms of it while I was on the Hill. But I would say that I agree that the decision on gay marriage does mean that we need to take some steps to defend religious liberty.
I agree that you might clone some people who would look amazingly like their parental cell donors, but the odds are that they'd be almost as different as you or me, and certainly more different than any of today's identical twins.
There's a lot of really wonderful things about the United States of America, especially its ethnic diversity and its mostly successful struggle to create a democracy out of many different cultures. So, we have a lot of capital as a people, we have a lot of cultural capital to keep our democracy going.
We're creating a different universe with different rules and a different tone and different villains. We were very careful to honor the iconography of Spider-Man, but we wanted to tell it in a new and different way [in the film].
The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.
I think that every country presents its own particular challenges, different cultures, different histories, different religions, different people. And different ethnic make-ups in those countries present different challenges.
This site uses cookies to ensure you get the best experience. More info...
Got it!