'Capital in the Twenty-First Century' by Thomas Piketty

[Aaron]

Just finished reading the new book by Thomas Piketty called Le capital au XXIe siècle (Capital in the Twenty-First Century). Piketty explores the distribution of capital in advanced market economies, both from a theoretical and an historical vantage point. Having established that capital has come to be more and more concentrated since the 1980s (as well as why this is happening), Piketty predicts a return to the level of inequality in wealth seen at the end of the 19th century. At 800 pages chock full of data and astute analysis this book promises to be an important contribution to the great economic debate. A full executive summary is available here: http://newbooksinbrief.com/2014/04/04...