Summary:
The French economist with a celebrated theory of inequality is back—this time with a theory of everything in 1,100 pages. But is he, Paul Krugman asks Prospect, sufficient a polymath to pull it off? But before long, Piketty was receiving—and rejecting—all sorts of highly-paying corporate invitations to speak: the Davos set sensed an argument it could not afford to ignore. Six years on, there is no closing down the discussion that he blasted open: the Democratic primaries in the US have seen Bernie Sanders and Elizabeth Warren in a bidding war over progressive wealth taxes, and Michael Bloomberg’s billions are proving to be almost as much of a political problem as they are a campaigning asset. By ranging across even more countries, and tightening the argument about how far political
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Mike Norman considers the following as important:
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The French economist with a celebrated theory of inequality is back—this time with a theory of everything in 1,100 pages. But is he, Paul Krugman asks Prospect, sufficient a polymath to pull it off?The French economist with a celebrated theory of inequality is back—this time with a theory of everything in 1,100 pages. But is he, Paul Krugman asks Prospect, sufficient a polymath to pull it off? But before long, Piketty was receiving—and rejecting—all sorts of highly-paying corporate invitations to speak: the Davos set sensed an argument it could not afford to ignore. Six years on, there is no closing down the discussion that he blasted open: the Democratic primaries in the US have seen Bernie Sanders and Elizabeth Warren in a bidding war over progressive wealth taxes, and Michael Bloomberg’s billions are proving to be almost as much of a political problem as they are a campaigning asset. By ranging across even more countries, and tightening the argument about how far political
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
But before long, Piketty was receiving—and rejecting—all sorts of highly-paying corporate invitations to speak: the Davos set sensed an argument it could not afford to ignore. Six years on, there is no closing down the discussion that he blasted open: the Democratic primaries in the US have seen Bernie Sanders and Elizabeth Warren in a bidding war over progressive wealth taxes, and Michael Bloomberg’s billions are proving to be almost as much of a political problem as they are a campaigning asset. By ranging across even more countries, and tightening the argument about how far political choices about taxation have sometimes reduced inequality, the new book provides more powerful ammo, especially when combined with the recent manifesto of two of Piketty’s closest collaborators, Emmanuel Saez and Gabriel Zucman, The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.
Prospect
Tom Clark - Thomas Piketty’s capital idea