The Piketty Chronicles
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Debunking Mankiw debunking Piketty

Debunking Mankiw debunking Piketty | The Piketty Chronicles | Scoop.it
No one in the econ blogosphere has gone after Greg Mankiw, who did his best to provoke outrage with his latest New York Times column. “Debunking” Piketty, Mankiw says that rich people save because ...
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What the right doesn't get about Piketty - Vox

What the right doesn't get about Piketty - Vox | The Piketty Chronicles | Scoop.it
What the right doesn't get about Piketty Vox Greg Mankiw's column over the weekend, "How inherited wealth helps the economy" is the latest entry into a burgeoning genre of Thomas Piketty's rebuttals that appear to be written by people who aren't...
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Piketty and Marx - International Socialism Journal

Piketty and Marx - International Socialism Journal | The Piketty Chronicles | Scoop.it
Piketty and Marx International Socialism Journal Piketty's work is based on an impressive body of empirical research but also aims to provide “a new theoretical framework that affords a deeper understanding of the underlying mechanisms” behind the...
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Juma on Piketty's Capital: can Africa avoid the trap of unequal growth?

Juma on Piketty's Capital: can Africa avoid the trap of unequal growth? | The Piketty Chronicles | Scoop.it
Piketty's argument is even more poignant for African economies whose growth is starting off from a base of inequality without welfare, says Calestous Juma (Juma on Piketty's Capital: can Africa avoid the trap of unequal growth?
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Hillary Clinton Agrees With Thomas Piketty

Hillary Clinton Agrees With Thomas Piketty | The Piketty Chronicles | Scoop.it
Rising wealth and income inequality is a threat to democracy, Hillary Clinton said in an interview published Tuesday in the magazine Der Spiegel. Clinton was responding to a question about the recent best-selling tome "Capital in the Twenty-Firs...
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The Inequality Puzzle

The Inequality Puzzle | The Piketty Chronicles | Scoop.it
Capital in the Twenty-First Century by Thomas Piketty; Translated by Arthur Goldhammer • Belknap/Harvard University Press • 2014 • 696 pages • $39.95 Once in a great while, a heavy academic tome dominates for a time the policy debate (Larry...
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Piketty's Numbers Don't Add Up

Piketty's Numbers Don't Add Up | The Piketty Chronicles | Scoop.it
In The Wall Street Journal, Martin Feldstein writes that ignoring dramatic changes in tax rules since 1980 creates the false impression that income inequality is rising.
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Greg Mankiw's Blog: More on Piketty

Greg Mankiw's Blog: More on Piketty | The Piketty Chronicles | Scoop.it
More on Piketty. A comment that questions the historical trends in the capital-income ratio. A comment that questions the proposed tax on wealth. Update: And here is a long commentary from Xavier Sala-i-Martin.
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Piketty 'appears to have got his sums wrong, Financial Times says - MarketWatch (blog)

Piketty 'appears to have got his sums wrong, Financial Times says - MarketWatch (blog) | The Piketty Chronicles | Scoop.it
Piketty 'appears to have got his sums wrong, Financial Times says MarketWatch (blog) The Financial Times took a major swipe Friday at French economist Thomas Piketty, writing that, in his best-selling book on inequality, he “appears to have got his...
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Thomas Piketty's exhaustive inequality data turn out to be flawed - Financial Times

Thomas Piketty's exhaustive inequality data turn out to be flawed - Financial Times | The Piketty Chronicles | Scoop.it
Thomas Piketty's exhaustive inequality data turn out to be flawed Financial Times These are sufficiently serious to undermine Prof Piketty's claim that the share of wealth owned by the richest in society has been rising and “the reason why wealth...
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Piketty Is Wrong: Americans Don't Have A 'Passion For Equality' - Forbes

Piketty Is Wrong: Americans Don't Have A 'Passion For Equality' - Forbes | The Piketty Chronicles | Scoop.it
Piketty Is Wrong: Americans Don't Have A 'Passion For Equality' Forbes In his new and unlikely bestseller, French economist Thomas Piketty describes the rise of “arbitrary and unsustainable inequalities” that pose a threat to democratic...
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Are we at a Piketty tipping point for the left? Unfortunately, history ... - The Guardian

Are we at a Piketty tipping point for the left? Unfortunately, history ... - The Guardian | The Piketty Chronicles | Scoop.it
The Guardian
Are we at a Piketty tipping point for the left? Unfortunately, history ...
The Guardian
Many enthusiastic readers of the French economist Thomas Piketty agree.
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Piketty answers David Brooks: The best-selling economist sounds off to Salon

Piketty answers David Brooks: The best-selling economist sounds off to Salon | The Piketty Chronicles | Scoop.it
"Capital" author also tells us about schools, immigration and his critics -- and whether he'd ever run for office (Morning must-read: Thomas Piketty tears David Brooks to shreds in our Salon Q&A http://t.co/QoWhv5arJ0...
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There Are Alternatives To The Neoliberal Blind Alley! - Social Europe Journal

There Are Alternatives To The Neoliberal Blind Alley! - Social Europe Journal | The Piketty Chronicles | Scoop.it

In its Working for the Few briefing paper, Oxfam has called attention to a worrying trend: the wealth of 1% of the world’s richest people is equivalent to a total of US$ 110 trillion – 65 times the total wealth of the poorer half of the world’s population. In the last 25 years, wealth has been increasingly concentrated in the hands of a few; leading to a tiny elite owning 46% of the world’s wealth. An aggravating factor in this situation is that this wealth is mostly from profits derived from capital, property and assets, rather than from wages, as French economist Thomas Piketty recently showed in his outstanding book, Capital in the Twenty-First Century. A large number of highly profitable businesses are often under-taxed – an unacceptable trend across stock markets around the world. Ultimately, this contributes to economic inequality and creates a new Belle Époque, in which the social mobility of the working class is severely limited by the system of “patrimonial capitalism”.


Via jean lievens
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Andrew Sheng and Xiao Geng apply to China Thomas Piketty's framework for understanding the country's rising income inequality. - Project Syndicate

Andrew Sheng and Xiao Geng apply to China Thomas Piketty's framework for understanding the country's rising income inequality. - Project Syndicate | The Piketty Chronicles | Scoop.it
In Capital in the Twenty-First Century, Thomas Piketty argues that capitalism aggravates inequality through several mechanisms, all of which are based on the notion that the return on capital falls less quickly than growth in income.
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Piketty reviewed- Economics' new star casts murky light on inequality - Investment Europe

Investment Europe
Piketty reviewed- Economics' new star casts murky light on inequality
Investment Europe
Superstar economist Thomas Piketty warns in Capital in the Twenty- First Century about how growing inequalities favour higher taxes.
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Coppola Comment: Sumner on Piketty

Coppola Comment: Sumner on Piketty | The Piketty Chronicles | Scoop.it
"5. Why would “unscrupulous banks” lend on “increasingly generous terms?” Why no discussion of how the government encouraged banks to lend money to low income people? In Piketty it's almost always the evil capitalists, ...
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Capital in the Twenty-First Century [Slides+Audio]

To view video please see: http://youtu.be/JXOLiJY2Ehg To download slides please see: http://www.lse.ac.uk/newsAndMedia/videoAndAudio/channels/publicLecturesA...
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Thomas Piketty and His Critics - New York Times

Thomas Piketty and His Critics - New York Times | The Piketty Chronicles | Scoop.it
PBS NewsHour Thomas Piketty and His Critics New York Times Many on the left see the popularity of Thomas Piketty's new book, “Capital in the Twenty-First Century,” as a sign of hope, but both optimists and pessimists share a belief more telling...
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Piketty's Capital in the Twenty-First Century (with Scott Winship)

Scott Winship joins Aaron Powell and Trevor Burrus to discuss Thomas Piketty's book Capital in the Twenty-First Century. Why is Piketty's book getting so much attention in America? What does...
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Has Rising Inequality Brought Us Back to the 1920s? It Depends on How We Measure Income

Has Rising Inequality Brought Us Back to the 1920s? It Depends on How We Measure Income | The Piketty Chronicles | Scoop.it
Gary Burtless challenges popular claims that income inequality faced by Americans today is comparable to the 1920s.
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Has Thomas Piketty met his match? » The Spectator

Has Thomas Piketty met his match? » The Spectator | The Piketty Chronicles | Scoop.it
On one side of the debate, I got to interview the man of the moment, Thomas Piketty, author of the much talked-about Capital in the Twenty-First Century. In fairness, it was not much an interview: it was something of a struggle ...
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Chris Giles Challenges Thomas Piketty's Data Analysis - Mother Jones

Chris Giles Challenges Thomas Piketty's Data Analysis - Mother Jones | The Piketty Chronicles | Scoop.it
Mother Jones
Chris Giles Challenges Thomas Piketty's Data Analysis
Mother Jones
Chris Giles of the Financial Times has been diving into the source data that underlies Thomas Piketty's Capital in the 21st Century, and he says he's found some problems.
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Thomas Piketty Never Actually Read Karl Marx's 'Das Kapital' - Huffington Post

Thomas Piketty Never Actually Read Karl Marx's 'Das Kapital' - Huffington Post | The Piketty Chronicles | Scoop.it
Thomas Piketty Never Actually Read Karl Marx's 'Das Kapital'
Huffington Post
French economist Thomas Piketty speaks to students and guests during a presentation at King's College, central London, on April 30, 2014.
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Piketty Is Right: These Wealthy Men Make Billions For Basically Doing Nothing

Piketty Is Right: These Wealthy Men Make Billions For Basically Doing Nothing | The Piketty Chronicles | Scoop.it
In the future foretold by French economist Thomas Piketty, the rich will keep getting richer by doing basically nothing, living off the income generated by their already massive wealth.

For many hedge-fund managers, that future is now.
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