Thomas Piketty: Is Inequality Inevitable?

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Thomas Piketty joined economists Paul Krugman, Joseph Stiglitz and Steven Durlauf in New York last week to talk about his new landmark book, Capital in the Twenty-First Century.

In a review, Krugman, who appeared on Moyers & Company last week, called the book magnificent, adding: “The big idea of Capital in the Twenty-First Century is that we haven’t just gone back to 19th century levels of income inequality, we’re also on a path back to ‘patrimonial capitalism,’ in which the commanding heights of the economy are controlled not by talented individuals but by family dynasties.”

The event, organized by the Graduate Center, CUNY, can be seen below.

Watch Bill Moyers’ full interview with Paul Krugman or the interview highlights here »

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