Summary:
This is the first in a sequence of book summaries on major works in the natural and social sciences. I provide a concise summary of French economist Thomas Piketty's 700 page book 'Capital in the 21st Century' into a 16 minute video covering ten key claims Piketty makes. Introduction 0:00 - 2:04 Claim #1: Scarcity of Data on Wealth Inequality 2:05 - 2:58 Claim #2: Income Taxes Are Recent 2:59 - 4:07 Claim #3: 1st Law of Capitalism 4:08 - 5:56 Claim #4: Inflation Affects Public Debt 5:57 - 6:36 Claim #5: Wars Cause Inflation and Public, but Lower Inequality 6:37 - 7:16 Claim #6: 2nd Law of Capitalism = s/g 7:17 - 10:01 Claim #7: Slavery Drove Wealth Inequality 10:02 - 11:27 Claim #8: Rise of the Managerial Class 11:28 - 12:04 Claim #9: Inhertance Drives Inequality 12:05 - 13:57 Claim
Topics:
Thomas Piketty considers the following as important:
This could be interesting, too:
This is the first in a sequence of book summaries on major works in the natural and social sciences. I provide a concise summary of French economist Thomas Piketty's 700 page book 'Capital in the 21st Century' into a 16 minute video covering ten key claims Piketty makes. Introduction 0:00 - 2:04 Claim #1: Scarcity of Data on Wealth Inequality 2:05 - 2:58 Claim #2: Income Taxes Are Recent 2:59 - 4:07 Claim #3: 1st Law of Capitalism 4:08 - 5:56 Claim #4: Inflation Affects Public Debt 5:57 - 6:36 Claim #5: Wars Cause Inflation and Public, but Lower Inequality 6:37 - 7:16 Claim #6: 2nd Law of Capitalism = s/g 7:17 - 10:01 Claim #7: Slavery Drove Wealth Inequality 10:02 - 11:27 Claim #8: Rise of the Managerial Class 11:28 - 12:04 Claim #9: Inhertance Drives Inequality 12:05 - 13:57 Claim
Topics:
Thomas Piketty considers the following as important:
This could be interesting, too:
Bill Haskell writes Promoting the General Welfare, The Supreme Court’s Version of Doing So
NewDealdemocrat writes For the second time in three months, the Household jobs Survey was recessionary
Angry Bear writes Medicare Payment Advisory Commission report to Congress Brief
Angry Bear writes Western “Values”
This is the first in a sequence of book summaries on major works in the natural and social sciences. I provide a concise summary of French economist Thomas Piketty's 700 page book 'Capital in the 21st Century' into a 16 minute video covering ten key claims Piketty makes. Introduction 0:00 - 2:04 Claim #1: Scarcity of Data on Wealth Inequality 2:05 - 2:58 Claim #2: Income Taxes Are Recent 2:59 - 4:07 Claim #3: 1st Law of Capitalism 4:08 - 5:56 Claim #4: Inflation Affects Public Debt 5:57 - 6:36 Claim #5: Wars Cause Inflation and Public, but Lower Inequality 6:37 - 7:16 Claim #6: 2nd Law of Capitalism = s/g 7:17 - 10:01 Claim #7: Slavery Drove Wealth Inequality 10:02 - 11:27 Claim #8: Rise of the Managerial Class 11:28 - 12:04 Claim #9: Inhertance Drives Inequality 12:05 - 13:57 Claim #10: Progressive Global Tax on Capital 13:58 - 15:57 |