Piketty, Thomas

Thomas Piketty is a French economist best known for his research on wealth inequality and economic disparity. In his influential book, *Capital in the Twenty-First Century*, he argues that when the return on capital (investments, property) exceeds economic growth, wealth tends to concentrate among the rich, leading to greater inequality. Piketty advocates for policies like progressive taxes on the wealthy to promote fairness and economic stability. His work highlights how historical trends in wealth distribution influence social and economic dynamics, encouraging discussions on sustainable ways to manage inequality.