Name: New thoughts on capital in the twenty-first century
Uploaded: 2014-10-06T14:26:39Z
Duration: 20 min 50 s
Description: French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts.

French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts.

Thomas Piketty: New thoughts on capital in the twenty-first century

New thoughts on capital in the twenty-first century

A century's switch: US now leads in income inequality, a reversal from 1900s Europe, shedding light on wealth's complex dynamics.

Wealth inequality outstrips income disparity, revealing a 'wealth middle class' growth from virtually non-existent a century ago.

The fight for financial transparency: A global wealth registry and tax coordination could illuminate and address inequality's roots.