You Know, You Can Have a Fair Economy in Europe, You Know

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

France is much poorer than switzerland, but this is not comparable in size. Look at the level of europe. We have 27 countries in to youropenan. If it was enough in order to become rich, to ave small government, bulgaa and rumania would be richer than then mark and sweden. And i ner it depends what you do with your tax revernue. So, you know, if you use it well, then you know its abuse.

When it comes to the enormous reduction of income inequality during the 20th century, Thomas Piketty sees politics everywhere. In his new book, A Brief History of Equality, he argues the rising equality during the 19th and 20th centuries has its roots not in deterministic economic forces but in the movements to end aristocratic and colonial societies starting at the end of the 18th century. Drawing this line forward, Piketty also contends we must rectify past injustices before attempting to create new institutions.

He joined Tyler to discuss just how egalitarian France actually is, the beginning of the end of aristocratic society, where he places himself within French intellectual history, why he’s skeptical of data from before the late 18th century, how public education drives economic development, why Georgism isn’t sufficient to address wealth inequality, the relationship between wealth and cultural capital, his proposal for a minimum inheritance, why he turned down the Legion of Honor, why France should give reparations to Haiti despite the logistical difficulties of doing so, his vision for European federalism, why more immigration won’t be a panacea for inequality, his thoughts on Michel Houellebecq’s Submission, and more.

Read a full transcript enhanced with helpful links, or watch the full video.

Recorded March 8th, 2022 Other ways to connect

Follow us on Twitter and Instagram
Follow Tyler on Twitter
Follow Thomas on Twitter
Email us: cowenconvos@mercatus.gmu.edu
Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.