Capital in the twenty-first century
Thomas Piketty's new book has already been hailed as 'one of the watershed books in economic thinking'. Its argument is that the tendency in modern capitalism for returns on capital to exceed the rate of economic growth today threatens to generate extreme inequalities that stir discontent and undermine democratic values. This poses serious challenges to progressives everywhere. Professor Piketty's solutions are similarly bold.
Download Professor Piketty's presentation slides.