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Thomas Piketty

Thomas Piketty's Model of Inequality and Growth in Historical Context (Pt. I)

Mary Manning Cleveland | Posted 09.17.2014 | Business
Mary Manning Cleveland

In Thomas Piketty's doomsday model, slowing of growth in the 21st century will cause an inexorable increase in inequality. Piketty is not the first to...

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. IV: Long-Tail Liberation)

Peter Schwartz | Posted 09.15.2014 | Green
Peter Schwartz

Global warming poses an existential threat to life on Earth. This existential threat challenges our capabilities and calls into question the viability and effectiveness of mechanically conceived grid maintenance options.

Beyond the Minimum Wage, a Middle-class Share of Capital?

Joseph Blasi | Posted 09.15.2014 | Politics
Joseph Blasi

The battle to increase the minimum wage is everywhere, from global fast food worker protests and new local minimum wage laws to executive orders and passionate speeches from President Obama. It's worth considering whether minimum wage policies are sufficient to substantively address rising inequality and the broad decline of the middle class.

Climate Change And Global Development in the 21st Century, Pt. III

Peter Schwartz | Posted 09.15.2014 | Green
Peter Schwartz

The emergence of an acceleration ecology for distributed solar power and storage technologies indicates the approach of a tipping point that begins to spawn an independent global power "hive" that operates largely beyond the purview of the regulated electric power grid.

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. II)

Peter Schwartz | Posted 09.14.2014 | Green
Peter Schwartz

Going forward, the challenge facing established "financial grid" players -- commercial lending banks, investment banks, private equity firms, venture funds, and angel networks -- may not be whether they can match the growth arc of crowdfunding platforms. The financial grid itself may be at risk.

Peripheral Vision: Climate Change and Global Development in the 21st Century (Pt. I)

Peter Schwartz | Posted 09.10.2014 | Green
Peter Schwartz

Crowdfunding, depicted graphically, resemble nothing so much as the trajectory of space vehicles obtaining escape velocity from the earth's atmosphere. But for those with boots on the ground, the impact of these trends more likely resembles displacement associated with the cracking of tectonic plates.

The State of the Progressive Movement: New York

Dana Beyer | Posted 09.10.2014 | Politics
Dana Beyer

Two of next year's Democratic presidential contenders, Gov. Martin O'Malley of my current home state of Maryland and Gov. Andrew Cuomo the state of my youth, New York, both consider themselves progressive. Neither of them, however, can be called "progressive" in the traditional sense of the world.

Ryan Grim

Hillary Clinton Agrees With Thomas Piketty

HuffingtonPost.com | Ryan Grim | Posted 07.08.2014 | Politics

Rising wealth and income inequality is a threat to democracy, Hillary Clinton said in an interview published Tuesday in the magazine Der Spiegel. Clin...

Not Many People Got Past Page 26 Of Piketty's Book

The Huffington Post | Emily Cohn | Posted 07.07.2014 | Business

No one is actually reading the "most important book of the twenty-first century." Thomas Piketty's "Capital in the Twenty-First Century," a 700-pa...

The State of the Progressive Movement: Maryland

Dana Beyer | Posted 09.02.2014 | Politics
Dana Beyer

We can no longer ignore the economic reality, thanks to Professor Piketty, that without forceful government intervention on behalf of the people, inequality will increase.

Super-Rich Guy To 'Zillionaires': Back $15 Minimum Wage Or Prepare For Revolution

The Huffington Post | Alexander C. Kaufman | Posted 07.03.2014 | Business

A Seattle millionaire is urging his super-rich peers to support a $15 minimum wage or face the possibility of a devastating populist revolt. In an ...

Reading Piketty in Peking: The Case Against Capitalist Inequality in Communist China

Ping Chen | Posted 08.29.2014 | World
Ping Chen

Piketty's concerns are relevant to the growing inequality in China that has resulted from adopting the neo-liberal capitalist model from the West. Hence, Piketty's reflection on mainstream Western economics indirectly treads a delicate ground in China. It fits right into the current raging debate over which path China's reformers should take in the next stage of "structural reform."

Relational Leadership: Where Relationships Lead and Capital Follows

Robert Hall | Posted 08.25.2014 | Business
Robert Hall

We have transient customers, served by transient employees, working for transient leaders, owned by transient shareholders. Disengagement is overpowering today's leaders.

How Thomas Piketty and Elizabeth Warren Demolished the Conventional Wisdom on Debt

Sean McElwee | Posted 08.24.2014 | Politics
Sean McElwee

According to the prevailing story, debt is caused by lavish and irresponsible spending by poor and middle-class families. But like much "conventional wisdom," an increasing amount of evidence belies this point.

Inequality and the Nature of Capital: A Reminder to Economists

Chandran Nair | Posted 08.23.2014 | World
Chandran Nair

For the rest of the world, much of which has experienced the truly heinous inequalities associated with the colonialism that so enriched the West, the discussion is old hat. Many countries are only recently recovering from the effects of plundering, destruction of social and cultural institutions and resource extraction. Ironically, the realm of finance now labels these nations as "emerging markets." And yet Piketty's analysis is framed exclusively by western historical experience and thus unfortunately ignores the context in which western wealth creation occurred, despite the fact that many seek to perpetuate and emulate it today.

Clinton-Warren for Change

Brent Budowsky | Posted 08.20.2014 | Politics
Brent Budowsky

If a ticket of two women offers economic revival and transformational change based on financial justice championed by Pope Francis, the most popular figure on the world stage, support from women would be stratospheric and many men would join them.

Why Have a Higher Minimum Wage?

Harlan Green | Posted 08.18.2014 | Business
Harlan Green

The International Monetary Fund just came out with a depressing prognosis for US economic growth -- 2 percent this year, and maybe 3 percent next year? Why? A too-bad winter, slowdown in the housing market, and stagnant wages, said the report.

Empathy Depletion: An Environmental Hazard

Harold A. McDougall | Posted 08.17.2014 | Green
Harold A. McDougall

It seems more and more clear that sustainable development requires that we look closely not only at how we treat the environment hut at how we treat each other.

Reading Piketty in India

Jehangir S. Pocha | Posted 08.16.2014 | World
Jehangir S. Pocha

Addressing inequality shouldn't be about penalizing the rich. It shouldn't be about reviving discredited socialist economic ideas from the 1970s in 21st century European think tanks. It should be about fixing the policies and practices that cause inequality.

The Culture of Obesity

Venetia Thompson | Posted 08.16.2014 | Healthy Living
Venetia Thompson

We cannot allow this madness to progress further than it already has. Having a functional, fit body cannot become the 'privilege' of the upper classes, or of celebrities who can afford personal trainers and daily deliveries of perfectly balanced healthy food.

Ideas in Search of a Movement: Thomas Piketty, Jacob Riis and Economic Inequality

Steven Conn | Posted 08.08.2014 | Politics
Steven Conn

Right now Thomas Piketty's book, and all the others that have exposed, analyzed and offered prescriptions for our economic inequality, are powerful ideas in search of a movement. Income equality is not like the weather. Rather than just complaining about it, we can actually do something to make it better.

Thomas Piketty: A Lot Of My Critics Haven't Even Read The Book

The Huffington Post | Alexander C. Kaufman | Posted 06.06.2014 | Business

You can’t fool Thomas Piketty -- he knows you haven’t cracked open his 700-page economics tome. But that hasn’t stopped pundits and reviewer...

Let's Welcome Back the 1 Percent

Abraham Lateiner | Posted 08.03.2014 | Politics
Abraham Lateiner

If we soak the "1 percent" but do nothing to win them over to the cause of making our country more equitable, can that victory really last? I don't think so.

Big Bank Explains To Rich People How To Profit Off Inequality

The Huffington Post | Mark Gongloff | Posted 06.02.2014 | Business

On Wall Street, the debate about wealth inequality is all but over, except for finding ways to make tons of money from it. The rich are going to ke...

Why Is Capital So Much Stronger than Labor?

Jared Bernstein | Posted 08.02.2014 | Business
Jared Bernstein

I don't know the answer to these questions, but my experience as a policy wonk and economist in government has led me to believe that economics, as currently practiced, is part of the problem.