Why Should I Care?

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i love capital accumulation, and i certainly don't want to reduce capital accumulation. But so so e let me make very clear that inequality in itself is, of course, not a problem. You now, inequality can actually be useful for for growth, up to a point. The problem is when inequality of wealth and concentration of wealth gets to extreme, it doesn'tknow, it is not use food any more for growth. So what can welearn about the location of the chipping point? Let me tell you two pertings we can learn. First of all, you know, the kind of extreme concentration of wealth that we had in every european country until wat war one, i

Thomas Piketty of the Paris School of Economics and author of Capital in the Twenty-First Century talks to Econtalk host Russ Roberts about the book. The conversation covers some of the key empirical findings of the book along with a discussion of their significance.