Thomas Piketty "Capital in the Twenty-First Century" has skyrocketed to #1

[Mai72]

http://www.huffingtonpost.com/2014/04/22/thomas-piketty-amazon_n_5191566.html

Has anyone bought his book? What are your opinions?

Piketty's book, which is also a New York Times best-seller, challenges the conservative economic theory of trickle-down economics, or the belief that a rising tide lifts all boats. In Piketty's view, backed by centuries of data on wealth and economic growth, the typical outcome of unfettered capitalism is rising income inequality. Piketty says the world's biggest economies have to do something, like impose a global tax on capital, to stop it. As Piketty said in an interview with HuffPost Live last week, income inequality is only getting started, and this century could look a lot more like the deeply unequal 18th and 19th centuries than the more-egalitarian 20th.

 

[Newell Steamer]

Thomas Piketty should be called Thomas Pinketty.