- Audible Studios on Brilliance
Why Save the Bankers?: And Other Essays on Our Economic and Political Crisis
Key Metrics
- Thomas Piketty
- Audible Studios on Brilliance
- Audio
- 9781531877316
- -
- -
- Political Science > World - European
- English
Book Description
Incisive commentary on the financial meltdown and its aftermath from the author of the best-selling global phenomenon Capital in the 21st Century.
Thomas Piketty's work has proved that unfettered markets lead to increasing inequality. Without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Armed with this knowledge, democratic societies face a defining challenge: fending off a new aristocracy.
For years Piketty has wrestled with this problem in his monthly newspaper column, which pierces the surface of current events to reveal the economic forces underneath. Why Save the Bankers? brings together selected columns, now translated and annotated, from the period bookended by the September 2008 collapse of Lehman Brothers and the Paris attacks of November 2015. In between, writing from the vantage point of his native France, Piketty brilliantly decodes the European sovereign debt crisis, an urgent struggle against the tyranny of markets that bears lessons for the world at large. And along the way, he weighs in on oligarchy in the United States, wonders whether debts actually need to be paid back, and discovers surprising lessons about inequality by examining the career of Steve Jobs.
Coursing with insight and flashes of wit, these brief essays offer a view of recent history through the eyes of one of the most influential economic thinkers of our time.
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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