Date of Birth: May 7, 1971
Zodiac Sign: Taurus
Biography
Thomas Piketty is a renowned French economist, best known for his work on wealth and income inequality. Born in Clichy, France, Piketty has become one of the most influential voices in contemporary economic thought. He gained international fame with the publication of his 2013 book, “Capital in the Twenty-First Century,” which delves into the dynamics and distribution of wealth over the last few centuries. Piketty’s research emphasizes the increasing concentration of wealth in the hands of the few and has sparked widespread debate on economic policies and inequality. He is currently a professor at the Paris School of Economics and continues to contribute significantly to the field of economics through his research, writing, and public speaking.
5 Interesting Facts about Thomas Piketty
1. Thomas Piketty’s “Capital in the Twenty-First Century” became an unexpected bestseller and has been translated into dozens of languages.
2. He received his PhD in Economics at the age of 22 from the London School of Economics and the École des Hautes Études en Sciences Sociales.
3. Piketty has been a vocal critic of austerity measures and has advocated for progressive taxation to address economic inequality.
4. He declined the French Legion of Honor in 2015, stating that he did not think it was the government’s role to decide who is honorable.
5. Piketty co-founded the Paris School of Economics, which has become one of the leading economics research institutions in Europe.
5 Most Interesting Quotes from Thomas Piketty
1. “When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities.”
2. “We need to rethink the way we measure economic success. GDP is not a good measure of well-being.”
3. “The history of inequality is shaped by the way economic, social, and political institutions operate.”
4. “Without significant regulation, capitalism inexorably leads to a concentration of wealth.”
5. “The right solution to the problem of inequality is not to reduce the income of the rich but to increase the income of the poor.”
Highest Net Worth Achieved
Thomas Piketty’s highest net worth is estimated to be around $2 million, largely derived from his academic work, publications, and speaking engagements.
Children
Thomas Piketty has two children, whose details are kept private to maintain their privacy.
Relevant Links
1. [Thomas Piketty’s Wikipedia](https://en.wikipedia.org/wiki/Thomas_Piketty
2. [Paris School of Economics](https://www.parisschoolofeconomics.eu/en/
