November 3rd, 2015
Thomas Piketty is an economist and professor at the Paris School of Economics. His 2014 book, “Capital in the Twenty-first Century,” caused a sensation upon publication.
French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts.