Thomas Piketty

Thomas Piketty is a French economist known for his analysis of income inequality and wealth distribution. His influential book, "Capital in the Twenty-First Century," highlights how wealth has become increasingly concentrated in the hands of a few, especially since the 1980s. Piketty argues that when the rate of return on capital exceeds economic growth, inequality rises. He advocates for progressive taxation and policies to address these disparities. Piketty's work has generated significant debate about economic systems and their impact on society, encouraging a re-evaluation of how wealth is created and distributed.