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Thomas Piketty

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...

When the Economy Is Explained By the Beatles

Gaia Paradiso | Posted 03.18.2015 | Impact
Gaia Paradiso

If you can picture the Beatles explaining today's economy through their songs' lyrics, I suggest you take a look at Federico Rampini's work.

J'aime Paris et l'Europe

Brent Budowsky | Posted 03.18.2015 | World
Brent Budowsky

As many around the world said to Americans in September 2001, we say to the men and women throughout Paris, France and Europe today: You are not alone. Our unity will ultimately triumph, and our cause will ultimately prevail.

Aetna CEO Asked Execs To Read Piketty, Then Gave His Lowest-Paid Workers A Raise

The Huffington Post | Emily Cohn | Posted 01.13.2015 | Business

One CEO has taken a step that could help fend off Thomas Piketty's nightmare vision of rising wealth inequality: He's giving thousands of his workers a raise.

Piketty: 'The Myth Of National Sovereignty Helps Big Corporations Screw Us Over'

The European | Max Tholl and Florian Guckelsberger | Posted 01.05.2015 | World

French economist Thomas Piketty has put inequality back on the map and is being hailed as the Karl Marx of the 21st century. He talked to Max Tholl an...

Thomas Piketty Refuses Big Award: Government Shouldn't 'Decide Who Is Honorable'

The Huffington Post | Paige Lavender | Posted 01.01.2015 | Politics

Economist Thomas Piketty refused to accept France's highest honor, the Legion d'honneur, saying government shouldn't decide who is honorable. "I ha...

How Tony Robbins' "Money: Master The Game" Represents Exactly What Is Destroying America

Ira Israel | Posted 02.23.2015 | Politics
Ira Israel

It is astonishing that someone so bright and well-intentioned does not see the hypocrisy in calling taxes a "drag," "destructive" and "the culprit" and then complaining that money was "slashed" from an entitlement program.

The Next Big Social Idea: Unconditional Basic Income

Mathew Schmid | Posted 02.21.2015 | World
Mathew Schmid

In 2014, serious voices from Pope Francis to Thomas Piketty, in his book Capital in the 21st Century, have lamented ever-widening inequality. Others have expressed concern that "the second machine age" of digital technologies will entail the massive elimination of jobs.

Justice in the Twenty-First Century

Tomas Hellebrandt | Posted 02.10.2015 | Politics
Tomas Hellebrandt

Making sure that the rich contribute their fair share is important. But the real political challenge in the twenty-first century will be to maintain support for the idea that the burden of achieving justice has to be shouldered by all.

We Are the Most Unequal Society in the Developed World... And We Don't Know It

Les Leopold | Posted 01.17.2015 | Politics
Les Leopold

In 1965, for every dollar earned by the average worker, CEOs earned 20 dollars. By 2012, that gap mushroomed to 354 to one. But, when asked in the survey, Americans grossly underestimated this gap.

Mark Gongloff

Top FT Editor Lambasts Piketty's Book Just Before FT Names It Book Of The Year

HuffingtonPost.com | Mark Gongloff | Posted 11.13.2014 | Business

The Financial Times has declared that Thomas Piketty's Capital In The Twenty-First Century is the best business book of the year, which kinda-sorta m...

How Natural Capital Is Redefining Success

Tensie Whelan | Posted 12.22.2014 | Business
Tensie Whelan

It's the idea that natural resources and healthy ecosystems are not "externalities" separate from capital, but should be considered and valued as capital assets in their own right. Valuing them appropriately is the way to make sure we don't squander them.