for a thesis on wealth redistribution, which he wrote at the EHESS and the London School of Economics under Roger Guesnerie.Īfter earning his PhD, Piketty taught from 1993 to 1995 as an assistant professor in the Department of Economics at the Massachusetts Institute of Technology. At the age of 22, Piketty was awarded his Ph.D. He gained a C-stream (scientific) Baccalauréat, and after taking scientific preparatory classes, he entered the École Normale Supérieure (ENS) at the age of 18, where he studied mathematics and economics. Piketty was born on May 7, 1971, in the Parisian suburb of Clichy. To address this problem, he proposes redistribution through a global tax on wealth. The book argues that the rate of capital return in developed countries is persistently greater than the rate of economic growth, and that this will cause wealth inequality to increase in the future. He is the author of the best selling book Capital in the Twenty-First Century (2013), which emphasizes the themes of his work on wealth concentrations and distribution over the past 250 years. He is the director of studies at the École des hautes études en sciences sociales (EHESS) and professor at the Paris School of Economics. Piketty was bor Thomas Piketty (French: born May 7, 1971) is a French economist who works on wealth and income inequality.

Thomas Piketty (French: born May 7, 1971) is a French economist who works on wealth and income inequality.

Capital and Ideology by Thomas Piketty