9 years ago

Economic inequality is not new, but it is getting worse, with radical possible impacts.

TED presents: French economist Thomas Piketty caused a sensation in early 2014 with his New York Times nonfiction bestselling book called Capital in the Twenty-First Century.’ (BOOK) (VIDEO). On a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). In June 2014 Piketty talks at TED through the massive data set that led him to conclude: "Economic inequality is not new, but it is getting worse, with radical possible impacts"WATCH TED TALK HERE—–Photo credit: Sue Gardner, 18 April 2014, 15:07:25, French economist Thomas Piketty at the reading for his book Capital in the Twenty-First Century, on 18 April 2014 at the Harvard Book Store in Cambridge, Massachusetts., Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0). Enjoy!