Capital in the Twenty-First Century

By Thomas Piketty

Categories: Business & Money

French economist Thomas Piketty studies wealth and income inequality in Europe and the United States since the eighteenth century. The book was first published in French in 2013 and in English in 2014. His central argument is that when the return on capital exceeds the rate of economic growth over the long term, wealth becomes more concentrated, threatening to generate extreme discontent and undermine democratic values. Piketty proposes a global progressive tax on wealth to reduce inequality.

Recommended by 6 people

• Peter Thiel
• Carl Icahn
• Bill Gates
• Alexandria Ocasio-Cortez: “A few classics: ... - Capital, Piketty”
• Patrick Collison: “Highly recommended”
• David Heinemeier Hansson: “You'd do yourself a great service by reading his Capital in the 21st Century book. Essential education on one of the most pressing problems of our time. Highly recommended!”