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The Economics of Inequality

The Economics of Inequality

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Key Metrics

  • Thomas Piketty
  • Belknap Press
  • Hardcover
  • 9780674504806
  • 8.5 X 5.7 X 0.6 inches
  • 0.6 pounds
  • Business & Economics > Economics - Theory
  • English
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Book Description

Thomas Piketty--whose Capital in the Twenty-First Century pushed inequality to the forefront of public debate--wrote The Economics of Inequality as an introduction to the conceptual and factual background necessary for interpreting changes in economic inequality over time. This concise text has established itself as an indispensable guide for students and general readers in France, where it has been regularly updated and revised. Translated by Arthur Goldhammer, The Economics of Inequality now appears in English for the first time.

Piketty begins by explaining how inequality evolves and how economists measure it. In subsequent chapters, he explores variances in income and ownership of capital and the variety of policies used to reduce these gaps. Along the way, with characteristic clarity and precision, he introduces key ideas about the relationship between labor and capital, the effects of different systems of taxation, the distinction between historical and political time, the impact of education and technological change, the nature of capital markets, the role of unions, and apparent tensions between the pursuit of efficiency and the pursuit of fairness.

Succinct, accessible, and authoritative, this is the ideal place to start for those who want to understand the fundamental issues at the heart of one of the most pressing concerns in contemporary economics and politics.

The Economics of Inequality

Author Bio

Thomas Piketty is Professor at EHESS and at the Paris School of Economics. He is the author of research articles published in journals such as the Quarterly Journal of Economics, the Journal of Political Economy, the American Economic Review, the Review of Economic Studies, Explorations in Economic History, Annales: Histoire, Sciences Sociales. 

He has done historical and theoretical work on the interplay between economic development, the distribution of income and wealth, and political conflict.These works have led to emphasize the role of political, social and fiscal institutions in the historical evolution of income and wealth distribution. 

Thomas Piketty is also co-director of the World Inequality Lab and the World Inequality Database, and one of initiators of the Manifesto for the democratization of Europe. He is the author of the international best-sellers Capital in the 21st century (2014) and Capital and ideology (2020).

 

Source: Paris School of Economics 

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