![]() Finally, Piketty’s book is included in the list of the year’s best books by prestigious journals, such as The Economist, Financial Times, The Washington Post, Observer, The Independent, Daily Telegraph Financial Times and McKinsey have hailed it as the best book of 2014. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth. The assessment of “Capital in the Twenty-First Century” by Paul Krugman, Nobel Economics Prize Laureate as a “magnificent, sweeping meditation on inequality”, is highly relevant: “This is a book that will change both the way we think about society and the way we do economics” (Krugman, 2014). It has been favorably reviewed or quoted in all major journals. Thomas Piketty, a renowned French Economist, used the data of past 300 years to observe the long run evolution of wealth and income inequality in Europe and. This is a book that is visibly placed in all important bookstores around the world, widely debated, acclaimed, sold (over 1 million copies have been sold so far). ![]() ![]() ![]() These are the opening words of Tyler Cowen’s presentation of Thomas Piketty’s work, “Capital in the Twenty-First Century” (Piketty, 2014), in Foreign Affairs. “Every now and then, the field of economics produces an important book this is one of them” (Cowen, 2014). ![]()
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