Thomas Piketty Biography

Thomas Piketty is a French economist focused on wealth and income inequality. His work adopts a historical and statistical approach, utilizing tax records to examine wealth accumulation among the economic elite. Through extensive data spanning two and a half centuries, Piketty analyzes how the rate of return on capital impacts wealth concentration and questions whether this trend is self-correcting. He proposes a global wealth tax as a redistributive measure to address growing disparities.