![]() ![]() Pressman explains why the problem of rising inequality is important, where Piketty’s data comes from, and the strengths and weaknesses of that data. Finally, the work provides a defense of Piketty’s analysis and at times some criticism of his work. This background information discusses economic data sources, measures of inequality and why income inequality is such an important issue today. Second, it fills in some of the gaps in the book, by providing readers with the background that is needed to understand the volume and the argument. First, it provides a summary of the argument of Piketty’s book, which many people have bought and few people have read. ![]() ![]() ![]() This book is intended to do three things. It also provides an explanation of the problem and a policy solution: a global wealth tax. Yet reviewers have agreed that the book is important because it touches on one of the major problems facing the US economy, the UK economy and many developed nations: rising income and wealth inequality. Nonetheless, few people actually read the book. Thomas Piketty’s Capital in the Twenty-First Century reached the top of most best-seller lists last year shortly after it was released. ![]()
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