1. Thomas Piketty is the author of the best-selling book Capital in the Twenty-First Century, which emphasises the themes of his work on wealth concentrations and distribution over the past 250 years.
35 Facts About Thomas Piketty
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Thomas 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.
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Thomas Piketty's 2022 A Brief History of Equality is a much shorter book about wealth redistribution intended for a target audience of citizens instead of economists.
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Thomas Piketty was born in the Parisian suburb of Clichy, Hauts-de-Seine.
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Thomas Piketty's parents had been involved with a Trotskyist group and the May 1968 protests in Paris but they had moved away from this political position before Piketty was born.
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Thomas Piketty earned a C-stream Baccalaureat, and after taking scientific preparatory classes, he entered the Ecole Normale Superieure at the age of 18 where he studied mathematics and economics.
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At the age of 22, Thomas Piketty was awarded his PhD for a thesis on wealth redistribution, which he wrote at the LSE and EHESS under Roger Guesnerie and winning the French Economics Association's award for the best thesis of the year.
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Thomas Piketty met Daron Acemoglu for the first time at the LSE, who was a PhD student at the time.
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Thomas Piketty won the 2002 prize 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 association A gauche, en Europe, founded by Michel Rocard and Dominique Strauss-Kahn.
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In 2006, Thomas Piketty became the first head of the PSE, which he helped organize.
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Thomas Piketty left after a few months to serve as an economic advisor to Socialist Party candidate Segolene Royal during the 2007 French presidential election.
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Thomas Piketty resumed teaching at the EHESS and PSE in 2007.
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Thomas Piketty is a columnist for French center-left-leaning newspaper Liberation and regularly writes op-eds for left-leaning newspaper Le Monde.
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Thomas Piketty was unimpressed by Hollande's tenure, later describing him as "hopeless".
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On 2 October 2015, Thomas Piketty received an honorary doctorate from the University of Johannesburg and on 3 October 2015 he delivered the 13th Annual Nelson Mandela Lecture at the University of Johannesburg.
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In 2015, Thomas Piketty was elected an international member of the American Philosophical Society.
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Thomas Piketty joined the LSE in 2015 as the distinguished Centennial Professor.
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Thomas Piketty continues his research as part of the LSE International Inequalities Institute.
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Thomas Piketty has long-standing ties to the LSE and he completed his PhD studies at the university in the early 1990s.
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Thomas Piketty took in charge of EU matters, and more precisely, the Fiscal Stability Treaty, while Julia Cage was responsible for the candidate's economic and fiscal platform.
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Thomas Piketty is in favour of a "credible and bold basic income", which is one of Benoit Hamon's key proposals, although their views on the matter are different.
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Thomas Piketty's 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.
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Thomas Piketty specializes in economic inequality, taking a historic and statistical approach.
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Thomas Piketty's work looks at the rate of capital accumulation in relation to economic growth over a two hundred year spread from the nineteenth century to the present.
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Thomas Piketty extended this analysis in his immensely popular book Le Capital au XXIe siecle.
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Thomas Piketty argues that this was due to a decrease in estate inequalities, while wage inequalities remained stable.
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The shrinking inequality during this period, Thomas 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.
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The normative conclusion Thomas 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 the rentier class.
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Thomas Piketty has done comparative work on inequality in other developed countries.
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Thomas Piketty's work has been discussed as a critical continuation of the pioneering work of Simon Kuznets in the 1950s.
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Besides these surveys, which make up the core of his work, Thomas Piketty has published in other areas, often with a connection to economic inequalities.
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Thomas Piketty has published proposals for changes in the French pension system and the French tax system.
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Thomas Piketty offered a "possible remedy: a global tax on wealth".
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Thomas 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.
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Thomas Piketty's 2022 A Brief History of Equality is 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.