Thomas Piketty is a French economist renowned for his work on wealth and income inequality. Born on May 7, 1971, in Clichy, France, Piketty’s research has focused on long-term economic patterns related to wealth concentration and distribution over the past few centuries. His seminal work, “Capital in the Twenty-First Century,” published in 2013, analyzes wealth and income inequality in Europe and the United States since the 18th century. The book argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, which leads to wealth inequality. Piketty’s work has sparked significant debate and influenced discussions on economic policy around income distribution. He continues to contribute to economic theory and policy, addressing global issues of inequality.
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