In this inaugural edition of the Bedrosian Book Club podcast, four of our faculty discussed Capital in the Twenty-First Century by Thomas Piketty, the French economics book on inequality that is taking the world by storm. Already 9 weeks on the New York Times Hardcover Nonfiction Bestseller list, the book looks at the history of wealth distribution and predicts worsening inequality. The faculty discuss this 600 page behemoth in two parts.
In part 1, they take a look at Piketty’s grand scholarly undertaking, why a data driven economics book is a sudden “summer” bestseller, and some of the economic theory behind Piketty’s now famous equation R > G. They take a deeper look at the concept of Mobility. In part 2, the discussion turns to Piketty’s prediction of greater inequality.
To listen, go to our show page or listen on Soundcloud or iTunes U