"Piketty is the author of the best-selling book Capital in the Twenty-First Century (2013),[4] which emphasises 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 Piketty proposes redistribution through a progressive global tax on wealth.[5][6]"

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thesquanderer

(12,916 posts)

3. Who is Thomas Piketty?? I guess we all spend some time under rocks. ;-)

Reply to George II (Reply #1)

Fri Feb 14, 2020, 09:40 AM

Feb 2020

Check here, for example, to get an idea of how surprisingly well-known a French economist can get...

https://www.npr.org/2014/04/30/308220349/why-is-a-french-economists-700-page-book-so-popular

French economist Thomas Piketty's book, Capital in the Twenty-First Century, has become a sensation. He's been all over the media, and he's lecturing to packed houses on his current U.S. tour.

RENEE MONTAGNE, HOST:

The hot book out right now is called "Capital in the Twenty-First." It's a rather wonky tome about inequality by French economist Thomas Piketty. He's been selling out events on his U.S. tour.

NPR's Kelly McEvers went to find just why his 700-page book is so popular.

KELLY MCEVERS, BYLINE: The book has spent 43 days as Amazon's number one bestseller. Amazon has run out of hard copies and is now selling digital versions of the book for 22 bucks.

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