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Thomas Piketty

Basic Income? Yes! Bold Ideas About Fixing Inequality

Lynn Parramore | Posted 07.29.2015 | Politics
Lynn Parramore

British economist Tony Atkinson has been studying inequality -- the gap in income and wealth between the top and the bottom -- for nearly half a century.

Money Cannot Be The God of Life: How CEO Pay Drives Inequality

Heather Gautney | Posted 07.22.2015 | Politics
Heather Gautney

Lawmakers have failed to keep the wage apace with inflation so that its value is now less than it was five decades ago.

Greece's Great Depression

Harlan Green | Posted 07.20.2015 | Business
Harlan Green

This may seem facetious some six years into recovery, but many policy makers don't understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries are in so much economic trouble at present.

Jenny Che

Leading Economist Slams German Hypocrisy Over Greek Debt Crisis

HuffingtonPost.com | Jenny Che | Posted 07.08.2015 | Business

“Germany is the country that has never repaid its debts. It has no standing to lecture other nations.”

Why Anti-Establishment Parties Are So Appealing to Dispossessed European Voters

Mark Leonard | Posted 06.23.2015 | World
Mark Leonard

LONDON -- Across Europe, voters are increasingly discontent with political movements that were once part of civic life but have now become appendages of the state -- a governing class that seeks office rather than a chance to represent ideas or groups in society.

Why I Wear YOGASMOGA Clothing When I Teach Yoga

Ira Israel | Posted 06.11.2015 | Style
Ira Israel

As yoga teachers we have to be the change we want to see in the world which means making ethical purchases and insuring that everyone gets paid fairly for their time, talent, and effort.

Piketty: 'I Want To Contribute To A Democratization Of Economic Knowledge'

The WorldPost | Peter Mellgard | Posted 05.28.2015 | World

French economist Thomas Piketty recently explained what he hoped his landmark book, Capital in the Twenty-First Century, would accomplish. "I want ...

Piketty, Stiglitz and Our Renewed Interest in Inequality

Marcelo Giugale | Posted 05.10.2015 | Politics
Marcelo Giugale

The study of inequality has been going on forever. To give you an idea, the index used to measure how unequal the distribution of income is -- the "Gini Coefficient" -- was invented a century ago. So, why the sudden interest? Why worry now about something that has been the fodder of academics, politicians, and the media for so long?

Wealth

Francis Levy | Posted 05.05.2015 | Books
Francis Levy

Sometimes in a therapeutic situation, an analyst or psychiatrist will point out to the patient that an obsession actually performs a protective function to the extent that it eclipses a deeper fear or more profound desire or problem--such as fixating on sex instead of death.

House GOP Votes to Take Food From the Mouths of Hungry Children to Give Huge Tax Break to Children of Multi-Millionaires -- Really?

Robert Creamer | Posted 06.21.2015 | Politics
Robert Creamer

I am not exaggerating. The GOP voted to eliminate the estate tax. But the estate tax only applies to estates larger than $5.4 million for an individual and $10.9 million for couples. Eliminating the estate tax would benefit only 5,500 families in America (.02 percent of the population).

Zach Carter

Republicans Push $269 Billion Handout For Millionaire Heirs And Heiresses

HuffingtonPost.com | Zach Carter | Posted 04.14.2015 | Politics

WASHINGTON -- House Republicans this week will vote to hand the heirs and heiresses of America's largest fortunes a $269 billion tax break by repealin...

Hard Times and Harder Choices

Lyric Hughes Hale | Posted 05.29.2015 | Business
Lyric Hughes Hale

Both Piketty and Clark say that politics, not economics, will determine the future. However, the economy will certainly be a major focus of upcoming election debates in both countries. The real question is, will the electorates in the U.S. and the UK stage a revolt?

Thomas Piketty Calls Out Republican 'Hypocrisy' On Income Inequality

The Huffington Post | Mollie Reilly | Posted 03.12.2015 | Politics

As income inequality emerges as a key issue in the early stages of the 2016 presidential election, French economist Thomas Piketty says he isn't convi...

Why Japan Does Not Have America's Super-Rich Problem

Yuriko Koike | Posted 05.03.2015 | World
Yuriko Koike

TOKYO - Herein lies the unique twist that Piketty's theory takes on in Japan: the disparity is not so much between the super-rich and everyone else, but between large corporations, which can retain earnings and accumulate capital, and the individuals who are being squeezed in the process.

Inequality and Fairness: Why Investors Should Care

Peter Schwartz | Posted 05.03.2015 | Money
Peter Schwartz

The effect of unequal educational funding is to reinforce existing wealth inequalities across social class, race, gender, and region. But the most significant effect is the reproduction of these inequalities across generations.

What Piketty Gets Wrong About the Third World

Hernando de Soto | Posted 04.27.2015 | World
Hernando de Soto

LIMA -- The wars over capital have already begun right under Europe's nose in the Middle East and North Africa. Quite the contrary to what may be true for Europe, Piketty misses the glaring evidence that these wars are not revolts of the poor against capital but of the poor for capital.

Ben Walsh

No, The Rich Have Not Gotten Poorer Since The Financial Crisis

HuffingtonPost.com | Ben Walsh | Posted 02.19.2015 | Business

The rich have not only gotten wealthier since the financial crisis, but super-rich Americans have gotten disproportionately more wealthy than even the merely rich.

Bitcoin: Is it an Economic Equalizer or a Tool for Conflict and Crime?

Dr. Behzad Mohit | Posted 04.19.2015 | Technology
Dr. Behzad Mohit

The general acceptance of Bitcoin could have profound consequences, leading to a more egalitarian distribution of wealth and a more stable society. But in order for that to happen, there are two important things we must do.

The California Chasm: A Look At Income Inequality In The Golden State

Capital & Main | Manuel Pastor & Dan Braun | Posted 02.12.2015 | Politics

This piece was originally published on Capital & Main. As it pushes historic levels, inequality has become a hot topic. Activists have organized ar...

What Thomas Piketty and Larry Summers Don't Tell You About Income Inequality

Lynn Parramore | Posted 04.08.2015 | Politics
Lynn Parramore

According to economist Lance Taylor and his colleagues, we're not yet talking about the kinds of major changes needed to keep us from becoming a Downton Abbey society.

Rome Journal: Pasolini, Ancora!

Francis Levy | Posted 03.25.2015 | Travel
Francis Levy

As far as antiquity is concerned, the past is to Italy, what oil is to the Saudis. It constitutes the wealth of the country, both economically, in terms of tourism, but also spiritually to the extent that history is written on literally every street corner.

In SOTU, President Punts on Income Inequality

Michael Winship | Posted 03.24.2015 | Politics
Michael Winship

With a president too often bold in words but timid in action facing a Congress more Republican and obstructionist than ever, little will get done to fix inequality. Even the Tea Partiers who howled in protest over the bailout of the big banks back in 2008 have been taken to the woodshed by the likes of Karl Rove, and are silent as establishment Republicans complete the return of the GOP as Guardians of the One Percent. For now, don't really expect further taxes on the wealthy that could help those at the bottom. (And did you hear much discussion of America's poor people at the State of the Union?) Funny how trickle-down economics, a concept beloved by the GOP and its plutocratic allies, as well as by corporate Democrats, become an abomination when the galoshes are on the other foot and favor the less well off. Suddenly, trickle-down becomes all wet.

Ryan Grim

Guess What This Congressman Thinks Is 'One Of The Most Immoral Things You Can Do'

HuffingtonPost.com | Ryan Grim | Posted 01.21.2015 | Politics

WASHINGTON -- House and Senate Republicans are rejecting President Barack Obama’s suggestion to reform a tax code that allows heirs to inherit extr...

Show This Chart To The Next Person Who Isn't Worried About Income Inequality

The Huffington Post | Emily Cohn | Posted 01.20.2015 | Business

If you find it hard to grasp just how unequal the global economy is, here's one stat that should put it all in perspective: The richest 80 people on E...

Economist Thomas Piketty Meets With Argentine President Cristina Fernández de Kirchner

The Huffington Post | Igor Bobic | Posted 01.18.2015 | Politics

French economist Thomas Piketty met with Argentine President Cristina Fernández de Kirchner on Saturday, according to the Buenos Aires Herald. The...