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New thoughts on capital in the twenty-first century

Level: advanced
Thomas Piketty | TED Talks, 2014
Topic: inequality
Format: Lecture
Duration: 00:21:04
Link: https://www.youtube.com/watch?v=JKsHhXwqDqM

The economist Thomas Piketty presents a central argument of his book Capital in the Twenty-First century: if the rate of return to capital generally exceeds an economy's growth rate, this leads to a higher concentration of wealth in the long run. He furthermore shows with historical data how wealth and income inequality increased within the past decades.


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