Thomas Piketty

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Thomas Piketty


Born
in Clichy, France
May 07, 1971

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Thomas Piketty (French: [tɔma pikɛti]; born May 7, 1971) is a French economist who works on wealth and income inequality. He is the director of studies at the École des hautes études en sciences sociales (EHESS) and professor at the Paris School of Economics. He is the author of the best selling book Capital in the Twenty-First Century (2013), which emphasizes the themes of his work on wealth concentrations and distribution over the past 250 years. The book argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, and that this will cause wealth inequality to increase in the future. To address this problem, he proposes redistribution through a global tax on wealth.

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Join http://inequalitylab.world! WIL welcomes applications for Marie Curie Postdoctoral Fellowships (EU)
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Published on June 29, 2023 08:14
Average rating: 4.02 · 43,398 ratings · 3,967 reviews · 77 distinct worksSimilar authors
Capital in the Twenty First...

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Quotes by Thomas Piketty  (?)
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“When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.”
Thomas Piketty, Capital in the Twenty-First Century

“Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.”
Thomas Piketty, Capital in the Twenty-First Century

“For millions of people, “wealth” amounts to little more than a few weeks’ wages in a checking account or low-interest savings account, a car, and a few pieces of furniture. The inescapable reality is this: wealth is so concentrated that a large segment of society is virtually unaware of its existence, so that some people imagine that it belongs to surreal or mysterious entities. That is why it is so essential to study capital and its distribution in a methodical, systematic way.”
Thomas Piketty, Capital in the Twenty-First Century



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