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Thomas Piketty

Bringing the Troika to Paris

Mark Weisbrot | Posted 06.14.2016 | World
Mark Weisbrot

In recent weeks France has faced strikes and protests as the battle has come to their terrain, over a new, sweeping labor law. Among other provisions, the law would weaken workers' protections regarding overtime pay, the length of the work week, and job security.

Middle Class Finally Gets a Raise

Harlan Green | Posted 05.19.2016 | Business
Harlan Green

A new rule just announced by the Obama administration will, effective December 1, double the overtime-pay salary threshold and set it to automatically increase every three years. It's about time.

Understanding the Trump and Sanders Economies

Peter Van Buren | Posted 03.30.2016 | Politics
Peter Van Buren

The myth of the American Dream is the dominating factor in keeping people complacent in the United States. You know it -- work hard, and your life will improve. Well, maybe not your life, but your kids', or at least your grandkids'. If that doesn't work, it is the fault of immigrants, or the darn Chinese, or those welfare freeloaders.

Krugman Attacks Sanders for Economic Study Produced By Clinton Supporter

Les Leopold | Posted 02.21.2016 | Politics
Les Leopold

Good journalism and good economics requires an open debate about the key issue driving the Sanders revolt: runaway inequality.

Thomas Piketty Feels The Bern

The Huffington Post | Shane Ferro | Posted 02.16.2016 | Business

Bernie Sanders is the great hope for America's economic future, according to French economist Thomas Piketty. In his latest weekly column, Piketty wr...

Economists Deny What's Driving the Inequality Trainwreck

Lynn Parramore | Posted 01.29.2016 | Politics
Lynn Parramore

What's really causing the growing gap between haves and have-nots? Is it mechanical market forces? Outsourcing? Real estate?

Why Raising The Minimum Wage Probably Won't Fix Income Inequality

The Huffington Post | Shane Ferro | Posted 12.23.2015 | Business

Does raising the minimum wage decrease income inequality? On its face, the answer seems like a fairly straightforward yes. If a huge chunk of people ...

How Economic Inequality Makes Terror Attacks More Likely

The Huffington Post | Shane Ferro | Posted 12.09.2015 | Business

Economist Thomas Piketty says income inequality plays a big part in fueling radical Islamic terrorism that originates in the Middle East. Piketty, fam...

Why Radical Thinking Is The Most Practical Way To Fix Inequality

Lynn Parramore | Posted 11.13.2015 | Business
Lynn Parramore

These taboos and fears also make us blind to the threat of out-of-control private debt and credit wasted on real estate and speculation rather than growth that lifts everyone. For Turner, thinking radically is the most practical way forward.

Work-Life Balance: Your Right to Love Your Life

Sara Hirsch | Posted 10.15.2015 | Healthy Living
Sara Hirsch

The fact that there was no resting room in the courthouse, doesn't necessarily mean that the U.S. undervalues sleep, it just means sleep and napping didn't belong in that specific context, or at least not in a designated area.

Tax Havens Are Turning The U.S. Into An Unequal Aristocracy

The Huffington Post | Alexander C. Kaufman | Posted 09.27.2015 | Business

To Gabriel Zucman, protégé of rock star French economist Thomas Piketty, the United States is starting to look a lot like Europe in the late 1800s. ...

Warren Buffett: Poverty In The U.S. 'Makes No Sense'

The Huffington Post | Alexander C. Kaufman | Posted 09.08.2015 | Business

Warren Buffett doesn't think any Americans should be poor anymore. In an economy that produces over $54,000 in gross domestic product per capita, the ...

Who Is Most Scared of Inequality?

Harlan Green | Posted 08.13.2015 | Business
Harlan Green

It wasn't until the Reagan tax cuts that we stopped investing in those important elements that made US the superpower, and a middle class with the highest standard of living in the developed world.

Paul Krugman Unloads On Rockstar Economist's New Book

The Huffington Post | Daniel Marans | Posted 08.04.2015 | Business

It is not often that liberal economist Paul Krugman breaks publicly with Thomas Piketty, a renowned authority on income inequality. They are both amon...

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 07.22.2016 | 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 07.09.2016 | 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 06.23.2016 | 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 06.11.2016 | 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 05.10.2016 | 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 05.04.2016 | 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...