Executive pay is out of control, but it pales next to what hedge fund managers claw out of the economy.

The connection has been "confirmed by many different studies by different investigators over different time periods."

Economists and journalists share their reactions to Thomas Piketty's book, Capital in the Twenty-First Century.

The flaw in Thomas Piketty's book is that it is not a tour de force of theory, enabling mainstream economists to ignore its powerful message.

The Nobel prize-winning economist tells Bill that America is on the road to becoming a society controlled by those with inherited wealth, like "Gordon Gekko's son or daughter."

Bill reflects on the forces that are causing inequality to skyrocket, why it matters and where we're headed in the future.

Economist Paul Krugman explains how the United States is becoming an oligarchy - the very system our founders revolted against.

An heir to Alexis de Tocqueville's tradition of analytic history, economist Thomas Piketty has a message that could not be more different.

Economist Dean Baker writes that Piketty's book is a bold attempt to pick up where Marx left off and correct what he got wrong.

Thomas Piketty's monumental book seeks to understand the “laws of motion” of capitalism and puts labor and capital squarely back in economics.