Description: Lecture by Thomas Piketty
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Moderated by Bernard Salanié, Professor Economics, Columbia
Inequality in the U.S. is now larger than ever before in American history. With 50% of national incomve going to top 10% income earners and 75% of national wealth going to top 10% wealth holders, it is approaching the record levels observed in Europe from 1900-1910. Does inequality in America have a distinctive meritocratic character (American exceptionalism), or is the New World simply becoming like Old Europe?
Thomas Piketty is Professor of Economics at the Paris School of Economics. His distinctions include Le Monde‘s prize for Best Young Economist. Research by Thomas Piketty and Emmanuel Saez on the growing income inequality in the U.S. helped trigger public American debates about the 1%, and has won mention in White House budget documents and the New York Times, and drawn criticism from the Wall Street Journal.
Co-sponsored by the Program for Economic Research and the Heyman Center for the Humanities