Thomas Piketty(French:[tɔmɑpikɛti];born 7 May 1971) is a French economist who is a professor of economics at theSchool for Advanced Studies in the Social Sciences,associate chair at theParis School of Economics(PSE)[1]and Centennial Professor of Economics in the International Inequalities Institute at theLondon School of Economics(LSE).

Thomas Piketty
Piketty in 2015
Born(1971-05-07)7 May 1971(age 53)
Clichy,France
EducationÉcole Normale Supérieure(MSc)
London School of Economics
School for Advanced Studies in the Social Sciences(joint PhD)
Spouse
(m.2014)
Academic career
FieldPublic economics,economic history
InstitutionsParis School of Economics
School for Advanced Studies in the Social Sciences
London School of Economics
Massachusetts Institute of Technology
Doctoral
advisor
Roger Guesnerie
InfluencesSimon Kuznets,Adam Smith,John Maynard Keynes,Anthony Atkinson,Kenneth Pomeranz,Amartya Sen,Julia Cagé,Lucas Chancel,Camille Landais,Emmanuel Saez,John Rawls,Emile Durkheim,Leon Bourgeois
AwardsHonorary Doctorate,Clarivate Citation Laureates(2023)
University of Johannesburg(2015)
Medalla Rectoral,Universidad de Chile(2015)
Yrjö Jahnsson Award(2013)
Prix du meilleur jeune économiste de France(2002)
InformationatIDEAS / RePEc

Piketty's work focuses onpublic economics,in particular income and wealth inequality. He is the author of the best-selling bookCapital in the Twenty-First Century(2013),[2]which emphasises the themes of his work onwealth concentrationsanddistributionover the past 250 years. The book argues that the rate of capital return indeveloped countriesis persistently greater than the rate of economic growth, and that this will causewealth inequalityto increase in the future. Piketty proposes improving the education systems and considers diffusion of knowledge, diffusion of skills, diffusion of idea of productivity as the main mechanism that will lead to lower inequality.[3]In 2019, his bookCapital and Ideologywas published, which focuses on income inequality in various societies in history.[4]His 2022A Brief History of Equalityis a much shorter book about wealth redistribution intended for a target audience of citizens instead of economists.

Early life and education

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Piketty was born in the Parisian suburb ofClichy, Hauts-de-Seine.His parents had been involved with aTrotskyistgroup and theMay 1968 protestsin Paris but they had moved away from this political position before Piketty was born. A visit to the Soviet Union in 1991 was enough to make him a firm "believe[r] in capitalism, private property and the market".[5]

Piketty earned aC-stream(scientific)Baccalauréat,and after takingscientific preparatory classes,he entered theÉcole Normale Supérieure(ENS) at the age of 18 where he studied mathematics and economics.[6]At the age of 22, Piketty was awarded his PhD for a thesis onwealth redistribution,which he wrote at the LSE andEHESSunderRoger Guesnerie[7]and winning the French Economics Association's award for the best thesis of the year.[8]He also metDaron Acemoglufor the first time at the LSE, who was also a PhD student at the time.[9]

Career

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After earning his PhD, Piketty taught from 1993 to 1995 as an assistant professor in the department of economics at theMassachusetts Institute of Technology.In 1995, he joined theFrench National Centre for Scientific Research(CNRS) as a researcher, and in 2000 he became a professor (directeur d'études) at EHESS.[6]

Piketty won the 2002prize for the best young economist in France,and according to a list dated 11 November 2003, he is a member of the scientific orientation board of the associationÀ gauche, en Europe,founded byMichel RocardandDominique Strauss-Kahn.[10]

In 2006, Piketty became the first head of the PSE, which he helped organize.[11]He left after a few months to serve as an economic advisor toSocialist PartycandidateSégolène Royalduring the2007 French presidential election.[12][13]Piketty resumed teaching at the EHESS and PSE in 2007.[1]

He is a columnist for French center-left-leaning newspaperLibérationand regularly writes op-eds for left-leaning newspaperLe Monde.[14]

In April 2012, Piketty co-authored along with 42 colleagues an open letter in support of then socialist party candidate for the French presidencyFrançois Hollande.[15]Hollande won the contest against the incumbentNicolas Sarkozyin May of that year. Piketty was unimpressed by Hollande's tenure, later describing him as "hopeless".[5]

In 2013, Piketty won the biennialYrjö Jahnsson Award,for the economist under age 45 who has "made a contribution in theoretical and applied research that is significant to the study of economics in Europe."[16]

In January 2015, he rejected the FrenchLegion of Honourorder,stating that he refused the nomination because he did not think it was the government's role to decide who is honourable.[17][18]

On 27 September 2015, it was announced that he had been appointed to theBritish Labour Party'sEconomic Advisory Committee,convened byShadow ChancellorJohn McDonnelland reporting toLabour Party LeaderJeremy Corbyn.[19]The appointment of Piketty, who had previously advisedLord Wood,key policy advisor to former Labour Party LeaderEd Miliband,that tax rates could be raised above 50% for earnings over one million pounds without it impacting the economy,[20]was seen as a particular coup for the Labour Party leadership due to his breakthrough success in the mainstream publishing world.[21]Regarding this appointment he stated that he was very happy to take part and assist the Labour Party in constructing an economic policy that helps tackle some of the biggest issues facing people in the UK and that there was a brilliant opportunity for the Labour party to construct a fresh and new political economy which will expose austerity for the failure it has been in the UK and Europe,[19]although he was reportedly absent from the first meeting.[22]In June 2016, he resigned from his role in Labour's Economic Advisory Committee, citing concerns over the weak campaign the party had run in theEU referendum.[23]

On 2 October 2015, Piketty received anhonorary doctoratefrom theUniversity of Johannesburgand on 3 October 2015 he delivered the 13th Annual Nelson Mandela Lecture at the University of Johannesburg.[24]

In 2015, Piketty was also elected an international member of theAmerican Philosophical Society.[25]Piketty joined the LSE in 2015 as the distinguished Centennial Professor. Piketty continues his research as part of the LSE International Inequalities Institute. His economic research focusses mainly on wealth inequalities and the use of capital in the 21st century. Piketty has long-standing ties to the LSE and he completed his PhD studies at the university in the early 1990s.

On 11 February 2017, it was announced that he had joined the Parti Socialiste's campaign team as an advisor toBenoît Hamonin his presidential run. He took in charge of EU matters, and more precisely, theFiscal Stability Treaty(or TSCG), whileJulia Cagéwas responsible for the candidate's economic and fiscal platform. Piketty expressed his view that the TSCG should be renegotiated in order to introduce a eurozone assembly, composed of members of EU's parliaments – a "democratic government", he said, in comparison with the current system which he views as a "huis clos" (a "private, closed-door discussion", anin cameraarrangement). Such change would currently require unanimous approval of all EU members, and Piketty has suggested that a change of rules might be necessary, saying that if countries representing 80% of EU's population or GDP ratify a treaty, it should be approved.[26]He is also in favour of a "credible and boldbasic income",which is one of Benoit Hamon's key proposals, although their views on the matter are different.[27]The call in which Piketty and other economic researchers argue for their version of the basic income has been criticised as not "universal", a criticism he answered on his blog.[28]

In addition to his research, Piketty also teaches post-graduate students at the LSE. His teaching and research approach is inter-disciplinary, and he has been involved in the teaching of the new MSc degree in Inequalities and Social Science at the LSE.

Piketty continues to address "la gauche" as if from a leadership position. He instructed theNouveau Front Populaire,born in 2024 as a result ofEmmanuel Macron's tergiversations, to describe the alternative economic system to which it aspires.[29]

Research

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Piketty specializes ineconomic inequality,taking a historic and statistical approach.[30][31]His work looks at the rate ofcapital accumulationin relation to economic growth over a two hundred year spread from the nineteenth century to the present. His novel use of tax records enabled him to gather data on the very top economic elite, who had previously been understudied, and to ascertain their rate of accumulation of wealth and how this compared to the rest of society and economy. His 2013 bookCapital in the Twenty-First Century,relies on economic data going back 250 years to show that an ever-rising concentration of wealth is not self-correcting. To address this problem, he proposes redistribution through a progressive global tax on wealth.[32][33]

Study of long-term economic inequalities

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Thomas Piketty: Extreme inequality is useless for growth.

A research project on high incomes in France led to the bookLes hauts revenus en France au XXe siècle(High incomes in France in the 20th Century,Grasset, 2001), which was based on a survey of statistical series covering the whole of the 20th century, built from data from the fiscal services (particularly income tax declarations). He extended this analysis in his immensely popular bookLe Capital au XXIe siècle(Capital in the Twenty-First Century). A study byEmmanuel Saezand Piketty showed that the top 10 percent of earners took more than half of the country's total income in 2012, the highest level recorded since the government began collecting the relevant data a century ago.[34][35]

Survey on the evolution of inequalities in France

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Piketty's work shows that differences in earnings dropped sharply during the 20th century in France, mostly after World War II. He argues that this was due to a decrease in estate inequalities, while wage inequalities remained stable. The shrinking inequality during this period, Piketty says, resulted from a highly progressive income tax after the war, which upset the dynamics of estate accumulation by reducing the surplus money available for saving by the wealthiest.[citation needed]

The normative conclusion Piketty draws is that a tax cut and thus a decrease in the financial contribution to society of the wealthy that has been happening in France since the late 1990s will assist in the rebuilding of the earlier large fortunes of therentierclass. This trend will lead to the rise of what he calls patrimonial capitalism, in which a few families control most of the wealth.[7]

Through a statistical survey, Piketty also showed that theLaffer effect,which claims that high marginal tax rates on top incomes are an incentive for the rich to work less, was probably negligible in the case of France.[36]

Comparative work

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Piketty has done comparative work on inequality in other developed countries. In collaboration with other economists, particularlyEmmanuel Saez,he built a statistical series based on a similar method used in his studies of France. This research led to reports on the evolution of inequalities in the US,[37]and on economic dynamics in the English-speaking world and continental Europe.[38]Saez won the prestigiousJohn Bates Clark prizefor this work.[39]

The surveys found that following theSecond World War,after initially undergoing a decrease in economic inequality similar to that in continental Europe, English-speaking countries have, over the past thirty years, experienced increasing inequalities.

A critic of the Kuznets curve

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Piketty's work has been discussed as a critical continuation of the pioneering work ofSimon Kuznetsin the 1950s.[40]According to Kuznets, the long-term evolution of earnings inequalities was shaped as a curve (Kuznets curve). Growth started at the beginning of the industrial revolution and slackened off later due to the reallocation of the labor force from low productivity sectors like agriculture to higher productivity sectors like industry.

According to Piketty, the tendency observed by Kuznets in the early 1950s is not necessarily a product of deep economic forces (e.g. sectoral spillover or the effects of technological progress). Instead, estate values, rather than wage inequalities, decreased, and they did so for reasons that were not specifically economic (for example, the creation of income tax). Consequently, the decrease would not necessarily continue, and in fact, inequalities have grown sharply in the United States over the last thirty years, returning to their 1930s level.

Other work

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Besides these surveys, which make up the core of his work, Piketty has published in other areas, often with a connection to economic inequalities. His work on schools, for example, postulates that disparities among different schools, especially class sizes, are a cause for the persistence of inequalities in wages and the economy.[41]He has also published proposals for changes in the French pension system and the French tax system.[42][43]In a 2018 paper, Piketty suggested that throughout the Western world, political parties of both the left and the right have been captured by the "elites," coining the termsBrahmin LeftandMerchant Rightrespectively to describe them.[44]According to Piketty, western left-wing parties have lost working-class voters and are now dominated by highly educated voters.[45]

Capital in the Twenty-First Century

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Capital in the Twenty-First Century,published in 2013, focuses onwealth and income inequalityin Europe and the US since the 18th century. The book's central thesis is that inequality is not an accident but rather a feature of capitalism that can be reversed only through state intervention.[46]The book thus argues that unless capitalism is reformed, the very democratic order will be threatened.[46]The book reached number one onThe New York Timesbestselling hardcover nonfiction list from 18 May 2014.[47]Piketty offered a "possible remedy: a global tax on wealth".[48]

In 2014, he was awarded theBritish Academy Medalfor this book.[49]

Capital and Ideology

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Capital and Ideology,[50]a book published in 2019, is a successor toCapital in the Twenty-First Centuryin its themes of inequality of income and wealth. It argues it is necessary to examine the ideological systems which attempted to justify the forms of inequality specific to different institutional configurations, and how these have had an impact, through fiscal and economic policy, on the distribution of wealth and income. Piketty argues that various ideologies arise to defend inequality, and wealth is diverted to sustain these ideologies; however a higher standard of living did not come from the sacralization of property ownership but from social protests.[51]The book contains significant material dedicated to prescriptions for reducing inequality of wealth and income, such as a wealth tax, and to sustaining ideological support for such fiscal and economic policies. This work was well received, but some critics considered Piketty's work too vague. In particular, Nicolas Brisset criticized his definitions and analyses of "ideology" and "capitalism" for being too weak.[52][53]Cleveland Review of Bookspraised the book, saying it "utilizes historical, political, and philosophical analysis to provide a sweeping and detailed account of the ideological context behind how what he calls" inequality regimes "sustain themselves."[54]

A Brief History of Equality

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His 2022A Brief History of Equalityis a much shorter book about wealth redistribution intended for a target audience of citizens not economists, in which he traced a history of equality from 1780 to 2020.[55][56]In August 2022, Piketty was interviewed about the book forNew Books Network.[57]

Personal life

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Thomas Piketty was the partner of the politicianAurélie Filippetti.[58]In 2009, she filed a complaint of domestic violence to the police against Piketty; she later withdrew her complaint after he acknowledged facts of domestic violence.[59][60]Additionally, he was later found guilty of libel against her in 2022.[61]

He is married to fellow economistJulia Cagé.

Personal views

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In November 2023, Thomas Piketty called for a ban on private jets to fight against climate change and called for a progressive carbon tax in response to a report highlighting the disproportionate amounts of carbon emissions by the richest 1% of people.[62]

Selected works and publications

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In French
In English
  • Atkinson, Anthony Barnes;Piketty, Thomas, eds. (2007).Top Incomes over the Twentieth Century: A Contrast between European and English-Speaking Countries.Oxford: Oxford University Press.ISBN978-0199286881.OCLC883868966.
  • Atkinson, Anthony Barnes;Piketty, Thomas, eds. (2010).Top Incomes: A Global Perspective.Oxford: Oxford University Press.ISBN978-0199286898.OCLC444383200.
  • Capital in the Twenty-First Century(Cambridge, MA:Belknap Press,2014)
  • About Capital in the Twenty-First Century(AER, 2015)
  • Carbon and Inequality: from Kyoto to Paris(L. Chancel, T. Piketty, PSE, 2015)
  • Chronicles: On Our Troubled Times(Viking, 2016)
  • Why Save the Bankers? And Other Essays on Our Economic and Political Crisis(Houghton Mifflin Harcourt, 2016)
  • Top Incomes in France in the Twentieth Century: Inequality and Redistribution, 1901–1998(Harvard University Press, 2018)
  • Capital and Ideology(Harvard University Press, 2020)[65]
  • Time for Socialism: Dispatches from a World on Fire, 2016-2021(Yale University Press, 2021)[66]
  • "The western elite is preventing us from going after the assets of Russia's hyper-rich" (The Guardian,16 March 2022).[67]
  • A Brief History of Equality,Harvard University Press, 2022, 274p. Data,

See also

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References

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  1. ^ab"Thomas Piketty - Paris School of Economics".PSE - Ecole d'économie de Paris - Paris School of Economics.Retrieved16 December2017.Cite error: The named reference "pse1" was defined multiple times with different content (see thehelp page).
  2. ^"Paris School of Economics".Archived fromthe originalon 9 May 2014.Retrieved19 May2014.
  3. ^Russ Roberts (22 September 2014)."Thomas Piketty on Inequality and Capital in the 21st Century"(Podcast).
  4. ^Krugman, Paul (8 March 2020)."Thomas Piketty Turns Marx on His Head".The New York Times.Retrieved20 April2020.
  5. ^abChassany, Anne-Sylvaine (26 June 2015)."Lunch with the FT: Thomas Piketty".ft.Retrieved26 June2015.
  6. ^ab"Curriculum vitae".pse.ens.fr.Retrieved11 January2014.
  7. ^abJohn Cassidy,"Forces of Divergence",The New Yorker,31 March 2014.
  8. ^Gobry, Pascal-Emmanuel (22 May 2014)."Thomas Piketty, a Not-So-Radical French Thinker".The Wall Street Journal.Retrieved8 December2014.
  9. ^"Equality Debate: Power and Progress, with Daron Acemoglu".World Inequality Lab.I've actually known Thomas [Piketty] for more than thirty years because we were also sort of PhD students together at the LSE
  10. ^"Thomas Piketty / France Inter".Franceinter.fr. 20 October 2013.Retrieved16 June2014.
  11. ^Annie Kahn and Virginie Malingre (22 February 2007)."Les" French economists "font école".Le Monde.Retrieved28 September2010.
  12. ^"Pourquoi Thomas Piketty quitte la direction de l'École d'économie de Paris". Observatoire Boivigny. 3 March 2007.
  13. ^"Avant qu'il ne soit trop tard".Nouvel Observateur.3 March 2007.Retrieved28 September2010.
  14. ^"Thomas Piketty, ses dernières publications dans Le Monde".Le Monde.fr(in French).Retrieved12 July2022.
  15. ^""Nous, économistes, soutenons François Hollande" 17 Apr 2012 ".Le Monde.fr.lemonde.fr. 17 April 2012.Retrieved16 June2014.
  16. ^"Yrjö Jahnsson Award in Economics".Yrjö Jahnsson Foundation.
  17. ^"Piketty rejects Légion d'Honneur award".Financial Times.January 2015.
  18. ^"BBC News – France economist Thomas Piketty rejects Legion D'Honneur".BBC News.1 January 2015.
  19. ^ab"Labour announces new Economic Advisory Committee".Labour Press. 27 September 2015.Retrieved11 March2016.
  20. ^Andrew Sparrow,Thomas Piketty interviewed by Stewart Wood: Politics live blog,The Guardian, 16 June 2014.
  21. ^Williams-Grut, Oscar (28 September 2015)."Meet the team shaping the Labour Party's 'New Economics'".Business Insider.Retrieved11 March2016.
  22. ^Chakelian, Anoosh (27 January 2016).""Labour must get real about the economy": is Corbyn's economic advisory board unravelling? ".New Statesman.Retrieved11 March2016.
  23. ^"Jeremy Corbyn's economic advisor Thomas Piketty resigns".The Independent.29 June 2016.Archivedfrom the original on 7 May 2022.Retrieved16 December2017.
  24. ^"Transcript of Nelson Mandela Annual Lecture 2015".The Nelson Mandela Foundation.3 October 2015.Retrieved23 December2015.
  25. ^"APS Member History".search.amphilsoc.org.Retrieved1 March2021.
  26. ^Boudet, Alexandre (12 February 2017)."À quoi ressemble l'Europe de Benoît Hamon version Thomas Piketty".Le Huffington Post(in French).Retrieved13 March2017.
  27. ^Piketty, Thomas (13 February 2017)."For a credible and bold basic income".Le blog de Thomas Piketty.Retrieved13 March2017.
  28. ^Piketty, Thomas (13 February 2017)."Is our basic income really universal?".Le blog de Thomas Piketty.Retrieved13 March2017.
  29. ^"Thomas Piketty: « Il est temps que la gauche se remette à décrire le système économique alternatif auquel elle aspire »"(in French). 13 July 2024.
  30. ^Daniel Henninger (12 March 2009)."The Obama Rosetta Stone".The Wall Street Journal.Archived fromthe originalon 17 May 2009.Retrieved28 September2010.
  31. ^See in particular hisIntroduction à la théorie de la redistribution des richesses,Economica, 1994.
  32. ^Krugman, Paul (8 May 2014)."Why We're in a New Gilded Age".The New York Review of Books.
  33. ^An In-depth review by Robert Boyer, leader of the French Régulation schoolin Régulation Review
  34. ^Lowrey, Annie (10 September 2013)."The Rich Get Richer Through the Recovery".The New York Times.
  35. ^Emmanuel Saez (3 September 2013)."Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2012 preliminary estimates)"(PDF).Eml.berkeley.edu.Retrieved16 December2017.
  36. ^"Les Hauts revenus face aux modifications des taux marginaux supérieurs de l'impôt sur le revenu en France, 1970–1996"(PDF).Économie et prévision, n° 138–139. 1999.
  37. ^Piketty, T.;Saez, E.(2003)."Income Inequality in the United States, 1913-1998"(PDF).The Quarterly Journal of Economics.118:1–41.doi:10.1162/00335530360535135.
  38. ^See particularly,Piketty, T.; Saez, E. (2006)."The Evolution of Top Incomes: A Historical and International Perspective"(PDF).American Economic Review.96(2): 200–205.doi:10.1257/000282806777212116.JSTOR30034642.S2CID10738675.AndAtkinston, T.; Piketty, T., eds. (2007).Top incomes over the twentieth century: a contrast between continental European and English-speaking countries.Oxford University Press.
  39. ^"Emmanuel Saez, Clark Medalist 2009".aeaweb.org.Retrieved7 February2018.
  40. ^"The Kuznets' curve, yesterday and tomorrow", in A. Banerjee, R. Benabou et D. Mookerhee (eds.),Understanding poverty,Oxford university press, 2005.
  41. ^T. Piketty and M. Valdenaire,L'impact de la taille des classes sur la réussite scolaire dans les écoles, collèges et lycées français – Estimations à partir du panel primaire 1997 et du panel secondaire 1995,Ministère de l'éducation nationale, 2006.
  42. ^A. Bozio and T. Piketty,Pour un nouveau système de retraite: des comptes individuels de cotisations financés par répartition,Edition de l'ENS rue d'Ulm, collection du CEPREMAP n°14, 2008.
  43. ^Camille Landais,Thomas Piketty andEmmanuel Saez,Pour une révolution fiscale,ed. Le Seuil, 2011
  44. ^Spencer, Keith (27 March 2018)."Thomas Piketty says Bernie Sanders' electoral strategy is the way to beat back the right".Salon.Retrieved28 March2018.
  45. ^"Brahmin Left Vs. Populist Right".American Enterprise Institute - AEI.Retrieved11 August2023.
  46. ^abRyan Cooper (25 March 2014)."Why everyone is talking about Thomas Piketty's Capital in the Twenty-First Century".The Week.
  47. ^Cowles, Gregory."Best Sellers".The New York Times.Retrieved22 May2014.
  48. ^"Mind the Gap: Anthony Atkinson, the godfather of inequality research, on a growing problem",The Economist,6 June 2015,retrieved7 June2015
  49. ^"British Academy Prizes and Medals Ceremony 2014".British Academy.25 November 2014.Retrieved30 July2017.
  50. ^Capital et idéologie (Seuil, 2019)
  51. ^Piketty, Thomas (2019).Capital et Idéologie(in French). Éditions du Seuil. p. back cover.ISBN978-2-02-133804-1.
  52. ^Brisset, Nicolas."Capital and Ideology: A critique".
  53. ^"Du capital à la propriété: Histoire et justice dans le travail de Thomas Piketty".ResearchGate.
  54. ^"No End in Sight: On Thomas Pikkety's" Capital and Ideology "".Cleveland Review of Books.Retrieved21 December2021.
  55. ^Piketty, Thomas (2022).A Brief History of Equality.Belknap Press. p. 288.ISBN9780674273559.
  56. ^Lemann, Nicholas (19 April 2022)."Thomas Piketty's Radical Plan to Redistribute Wealth".The New York Times.ISSN0362-4331.Retrieved22 April2022.
  57. ^"Podcast | Thomas Piketty," A Brief History of Equality "(Harvard UP,..."New Books Network.Retrieved23 August2022.
  58. ^"Plainte Filippetti / Piketty: domaine public?".Arretsurimages.net.Retrieved16 December2017.
  59. ^"Pris à partie à Toulouse, Thomas Piketty s'explique sur son passé violent avec Aurélie Filippetti, elle lui répond".La Dépêche du Midi(in French). 22 November 2019.
  60. ^"Thomas Piketty: Why France's 'rock star economist' still wants to squeeze the rich".The Guardian.23 February 2020.
  61. ^LIBERATION."Thomas Piketty condamné en diffamation contre Aurélie Filippetti".Libération(in French).Retrieved25 May2022.
  62. ^Harvey, Fiona(22 November 2023)."Ban private jets to address climate crisis, says Thomas Piketty".The Guardian.Archived fromthe originalon 22 November 2023.Retrieved23 November2023.
  63. ^"Capital et idéologie".Thomas Piketty's page at Paris School of Economics.Retrieved5 September2019.
  64. ^Piketty, Thomas (8 November 2024).Vers le socialisme écologique: Chroniques 2020-2024(in French). Seuil.ISBN978-2-02-148658-2.
  65. ^"Capital and Ideology".Thomas Piketty's page at Paris School of Economics.Retrieved5 September2019.
  66. ^Piketty, Thomas(2021).Time for Socialism: Dispatches from a World on Fire, 2016-2021.Yale University Press.ISBN978-0300259667.
  67. ^Piketty, Thomas (16 March 2022)."The western elite is preventing us from going after the assets of Russia's hyper-rich".The Guardian.Retrieved18 March2022.

Further reading

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  • Coopersmith, Jonathan, and Andrew Popp. "Piketty amongst the historians: Introduction to a symposium on Thomas Piketty's Capital and Ideology"History Compass(April 2022) 20#4 e12724;https://doi.org/10.1111/hic3.12724special issue with 7 articles on Piketty's ideas.
  • John, Richard RE. "Political contestation and the Second Great Divergence"History Compass(April 2022) 20#4https://doi.org/10.1111/hic3.12722
  • Lachmann, Richard, and Peter Brandon. "Piketty and the Political Origins of Inequality."Comparative Studies in Society and History63.3 (2021): 752–764.
  • McCloskey, Deirdre Nansen. "Piketty Deserves Some Praise." inWhy Liberalism Works: How True Liberal Values Produce a Freer, More Equal, Prosperous World for All(Yale University Press, 2019), pp. 165–68,online
  • McGaughey, Ewan. "From 'capital and Ideology' to 'democracy and Evidence': A Review of Thomas Piketty."Œconomia. History, Methodology, Philosophy11#1 (2021): 171-189online.
  • Nealon, Jeffrey T. "Biopolitics, Marxism, and Piketty's Capital in the Twenty-First Century." inFates of the Performative: From the Linguistic Turn to the New Materialism(U of Minnesota Press, 2021), pp. 95–118,online
  • Raoult, Sacha, et al. "A Prophet in His Hometown? The Academic Reception of Thomas Piketty's 'Capital in the Twenty-First Century' Across Disciplines in France and in the United States."American Sociologist48#3/4, (2017), pp. 453–75,online
  • Roine, Jesper. "Four key insights." inPocket Piketty: A Handy Guide to Capital in the Twenty-First Century(2017), pp. 32–41,online
  • Sutch, Richard. "The One Percent across Two Centuries: A Replication of Thomas Piketty's Data on the Concentration of Wealth in the United States."Social Science History41#4 (2017), pp. 587–613,online,rejects Piketty estimates for the United States as deeply flawed, and presents fresh estimates
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Articles and interviews

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