4 ms·
This interview with Paul Krugman discusses why the United States is becoming an oligarchy with increased inherited wealth. He reviews the book "Capital in the T
by ppereira 12y ago
This interview with Paul Krugman discusses why the United States is becoming an oligarchy with increased inherited wealth. He reviews the book "Capital in the Twenty-First Century" by Thomas Piketty. A few years ago, Piketty published detailed statistics on income inequality over the last century. In his new book, Picketty considers his data on wealth inequality since the French revolution. No other economist or social scientist in history has had data as comprehensive as this, so you can imagine Piketty has a few interesting things to say.
The interview is a fine, but Piketty's book with historical data is great:
http://www.amazon.com/Capital-Twenty-First-Century-Thomas-Piketty-ebook/dp/B00I2WNYJW/ http://www.amazon.com/Capital-Twenty-First-Century-Thomas-Pi...