French economist Thomas Piketty’s magnum opus, Capital in the Twenty-First Century, has inspired volumes of commentary, much of it favorable. Piketty has done a great service in compiling data that ...
Last week, when Thomas Piketty's book Capital in the 21st Century was racing to the top of The New York Times' bestseller list, I set out to read the conservative criticisms of the economist behind ...
Now let’s turn to Piketty’s book, which extends the data to more recent years and presents a very similar picture. Figure 10.5 shows the share of wealth going to the richest one per cent of households ...
Prefer Newsweek on Google to see more of our trusted coverage when you search. In the explosive story published on Friday afternoon, the Financial Times's economics editor Chris Giles charged that key ...
More about the important issue of wealth distribution across America’s population, also raised by Piketty’s book, will be forthcoming in Makin’s upcoming AEI study. The oddest thing about the huge ...
Dubbed the “rock-star economist,” France’s Thomas Piketty has topped the Amazon.com bestseller list with the surprise blockbuster book “Capital in the Twenty-First Century,” which argues that because ...
Editor's Note: Thomas Piketty is famous in America for predicting continuing economic inequality, and if you want to get wonky, for a simple formula (return > growth) that explains the persistence of ...
Given the excitement that Thomas Piketty’s new book, Capital in the Twenty-First Century, has stirred up within the political left, the French economist probably should have titled it Fifty Shades of ...
Editor's Note: Thomas Piketty acknowledges that some level of inequality is necessary. But what we have in America today -- when the bottom 50 percent of the population owns only 2 percent of the ...
We believe Piketty's core message is provably flawed on several levels, as a result of fundamental and avoidable errors in his basic assumptions. He begins with the sensible presumption that the ...
Thomas Piketty’s Capitalism in the Twenty-First Century has reached the New York Times’ bestseller list for the past 10 weeks — it was first in nonfiction shortly ago and near the top for the last few ...
Thomas Piketty is in favor of small government, after all—but only when it doesn’t matter. Over New Year’s, the French economist and author of last year’s much-discussed Capital in the Twenty-First ...