Capital in the Twenty-First Century
by Thomas Piketty
Piketty's data on wealth and income over three centuries and his thesis that returns on capital outpace growth, concentrating wealth. Enormous, debated, important.
Read it if…
you want the major modern work on inequality.
See the book →
Skip it if…
you want a short read; the introduction alone is useful.
Try instead: Poor Economics →
Three things you will actually use
- r greater than g.
- Wealth concentrates without countervailing forces.
- Data over ideology.
Do this first
Read the introduction and the chapters on the long-run data.
Our verdict
Piketty's thesis.
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