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Thomas Piketty: belief

20 Apr 2022 Conversations with Tyler Thomas Piketty on the Politics of Equality

“I think here, the perversity and the bad incentives come from the private sectors in all these examples, not the public sector, where you have salary scale, which in some cases could be reduced further, but which are, in general, much more reasonable than in the private sector, as far as I can see.”

— Thomas Piketty

Source trail

Everything needed to verify it.

Speaker
Thomas Piketty
Attribution
Verified speaker
Claim type
belief
Recorded
20 Apr 2022
Publisher
Conversations with Tyler

Transcript context

…I think they sell their votes much more cheaply than that. Most of US Congress is quite happy to pass special interest–favoring legislation. They don’t get a billion dollars for their vote. Maybe that’s an economic puzzle. I think here, the perversity and the bad incentives come from the private sectors in all these examples, not the public sector, where you have salary scale, which in some cases could be reduced further, but which are, in general, much more reasonable than in the private sector, as far as I can see. You’ve argued France should pay reparations to Haiti. As I understand it, Haiti does not now really have a well-functioning government. Should France still pay? Should France wait? What’s your view?…

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