01/29/2014 09:42 am ET Updated Jan 29, 2014

'We Are in The Presence Of One Of The Watershed Books In Economic Thinking'

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Thomas Piketty’s new book, “Capital in the Twenty-First Century,” described by one French newspaper as a “a political and theoretical bulldozer,” defies left and right orthodoxy by arguing that worsening inequality is an inevitable outcome of free market capitalism.

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