Thomas Piketty
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Thomas Piketty
Thomas Piketty (; born 7 May 1971) is a French economist who is Professor of Economics at the School for Advanced Studies in the Social Sciences, Associate Chair at the Paris School of Economics and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics. Piketty's work focuses on public economics, in particular income and wealth inequality. He is the author of the best-selling book ''Capital in the Twenty-First Century'' (2013), which emphasises the themes of his work on wealth concentrations and distribution over the past 250 years. 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. Piketty proposes improving the education systems and considers diffusion of knowledge, diffusion of skills, diffusion of idea of productivity as the main mechanism that will lead to lower in ...
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School For Advanced Studies In The Social Sciences
The School for Advanced Studies in the Social Sciences (french: École des hautes études en sciences sociales; EHESS) is a graduate '' grande école'' and '' grand établissement'' in Paris focused on academic research in the social sciences. The school awards Master and PhD degrees alone and conjointly with the grandes écoles ''École Normale Supérieure'', ''École Polytechnique'', and '' École pratique des hautes études.'' Originally a department of the École pratique des hautes études, created in 1868 with the purpose of training academic researchers, the EHESS became an independent institution in 1975. Today its research covers social sciences, humanities, and applied mathematics. Degrees and research in economics and finance are awarded through the Paris School of Economics. The EHESS, in common with other grandes écoles, is a small school with very strict entry criteria, and admits students through a rigorous selection process based on applicants' research project ...
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Clichy, Hauts-de-Seine
Clichy ( , ; sometimes unofficially Clichy-la-Garenne ) is a commune in the northwestern suburbs of Paris, France. It is located on the Seine, from the centre of Paris. In 2017, it had a population of 61,070. Located in Clichy are the headquarters of the L'Oréal Group, the world's largest company in cosmetics and beauty, Bic, one of the biggest pen producers in the world, as well as Sony France, a large electronics and media company. Name The name Clichy was recorded for the first time in the 6th century as ''Clippiacum'', later corrupted into ''Clichiacum'', meaning "estate of Cleppius", a Gallo-Roman landowner. In the 13th century, the plain of Clichy was used as a ''garenne'' ("warren" in English), i.e. a hunting park and game preserve for the exclusive use of the king or a lord. Clichy became known as Clichy-la-Garenne ("Clichy the Warren" or preserve). Between 1793 and 1795, during the French Revolution, Clichy-la-Garenne was renamed ''Clichy-la-Patriote'' (meaning "C ...
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Prix Du Meilleur Jeune économiste De France
The prix du meilleur jeune économiste de France (''lit.'' Best Young Economist of France Award) is an annual award given since 2000 by daily newspaper ''Le Monde'' and the Cercle des économistes to French economists under the age of 40. Recipients See also * List of economics awards *John Bates Clark Medal *Gossen Prize *Yrjö Jahnsson Award Yrjö, a masculine Finnish given name that is the equivalent of George, may refer to: * Yrjö von Grönhagen, (1911–2003), Finnish anthropologist * Yrjö Jylhä, (1903–1956), Finnish poet * Yrjö Kilpinen (1892–1959), Finnish co ... * Nakahara Prize * Assar Lindbeck Medal References {{DEFAULTSORT:Prix du meilleur jeune economiste de France Economics awards French awards Awards established in 2000 Early career awards ...
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Baccalauréat
The ''baccalauréat'' (; ), often known in France colloquially as the ''bac'', is a French national academic qualification that students can obtain at the completion of their secondary education (at the end of the ''lycée'') by meeting certain requirements. Though it has only existed in its present form as a school-leaving examination since Napoleon Bonaparte's implementation on March 17, 1808, its origins date back to the first medieval French universities. According to French law, the baccalaureate is the first academic degree, though it grants the completion of secondary education. Historically, the baccalaureate is administratively supervised by full professors at universities. Similar academic qualifications exist elsewhere in Europe, variously known as '' Abitur'' in Germany, ''maturità'' in Italy, '' bachillerato'' in Spain. There is also the European Baccalaureate, which students take at the end of the European School education. In France, there are three main types ...
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May 1968 Events In France
Beginning in May 1968, a period of civil unrest occurred throughout France, lasting some seven weeks and punctuated by demonstrations, general strikes, as well as the occupation of universities and factories. At the height of events, which have since become known as May 68, the economy of France came to a halt. The protests reached such a point that political leaders feared civil war or revolution; the national government briefly ceased to function after President Charles de Gaulle secretly fled France to West Germany on the 29th. The protests are sometimes linked to similar movements that occurred around the same time worldwide and inspired a generation of protest art in the form of songs, imaginative graffiti, posters, and slogans. The unrest began with a series of far-left student occupation protests against capitalism, consumerism, American imperialism and traditional institutions. Heavy police repression of the protesters led France's trade union confederations ...
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Trotskyist
Trotskyism is the political ideology and branch of Marxism developed by Ukrainian-Russian revolutionary Leon Trotsky and some other members of the Left Opposition and Fourth International. Trotsky self-identified as an orthodox Marxist, a revolutionary Marxist, and Bolshevik– Leninist, a follower of Marx, Engels, and 3L: Vladimir Lenin, Karl Liebknecht, and Rosa Luxemburg. He supported founding a vanguard party of the proletariat, proletarian internationalism, and a dictatorship of the proletariat (as opposed to the " dictatorship of the bourgeoisie", which Marxists argue defines capitalism) based on working-class self-emancipation and mass democracy. Trotskyists are critical of Stalinism as they oppose Joseph Stalin's theory of socialism in one country in favour of Trotsky's theory of permanent revolution. Trotskyists criticize the bureaucracy and anti-democratic current developed in the Soviet Union under Stalin. Vladimir Lenin and Trotsky, despite their ideologi ...
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A Brief History Of Equality
''A Brief History of Equality'' is a non-fiction book by the French economist Thomas Piketty translated by Steven Rendall from the original 2021 ''Une breve histoire de l'égalité'', about wealth redistribution, in which Piketty describes why he is optimistic about the future. Overview In this 288-page book targeting an audience of citizens not economists, Piketty summarizes his two previous books, his 2014 696-page ''Capital in the Twenty-First Century'' and his 2019 1150-page book '' Capital and Ideology''. In ''Capital'', Piketty said that a possible remedy for inequality lay in a "global tax on wealth". In ''A Brief History'', he developed the concept of a progressive increase in the tax on the wealthy. Reviews In her ''Financial Times review economist, Diane Coyle said that in ''A Brief History'', Piketty advocates for politico-economic change to reduce inequalities but does not describe practical solutions for achieving that goal. The ''Literary Review'' described the boo ...
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Capital And Ideology
''Capital and Ideology'' (french: Capital et Idéologie) is a 2019 book by French economist Thomas Piketty. ''Capital and Ideology'' follows Piketty's 2013 book ''Capital in the Twenty-First Century'', which focused on wealth and income inequality in Europe and the United States. Described by Piketty as "in large part a sequel" to its predecessor, ''Capital and Ideology'' has a wider scope, and Piketty has expressed his preference for the 2019 book. In the book, Piketty outlines potential means of redistributing wealth, and explores historical and contemporary justifications for inequality. Paul Krugman wrote of the book, "In Marxian dogma, a society's class structure is determined by underlying, impersonal forces, technology and the modes of production that technology dictates. Piketty, however, sees inequality as a social phenomenon, driven by human institutions. Institutional change, in turn, reflects the ideology that dominates society: 'Inequality is neither economic nor tec ...
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Wealth Inequality
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or heterogeneity in economics, economic heterogeneity. The distribution of wealth differs from the income distribution in that it looks at the Distribution (economics), economic distribution of ownership of the assets in a society, rather than the current income of members of that society. According to the International Association for Research in Income and Wealth, "the world distribution of wealth is much more unequal than that of income." For rankings regarding wealth, see list of countries by wealth equality or list of countries by wealth per adult. Definition of wealth Wealth of an individual is defined as net worth, expressed as: wealth = assets − liability (financial accounting), liabilities A broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. For example ...
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Developed Countries
A developed country (or industrialized country, high-income country, more economically developed country (MEDC), advanced country) is a sovereign state that has a high quality of life, developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. A point of reference of US$20,000 in 2021 USD nominal GDP per capita for the International Monetary Fund (IMF) is a good point of departure, it is a similar level of development to the United States in 1960. Developed countries have generally more advanced post-industrial economies, meaning the service sector provides more w ...
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Wealth Distribution
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity. The distribution of wealth differs from the income distribution in that it looks at the economic distribution of ownership of the assets in a society, rather than the current income of members of that society. According to the International Association for Research in Income and Wealth, "the world distribution of wealth is much more unequal than that of income." For rankings regarding wealth, see list of countries by wealth equality or list of countries by wealth per adult. Definition of wealth Wealth of an individual is defined as net worth, expressed as: wealth = assets − liabilities A broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. For example, the United Nations definition of '' inclusive wealth'' is a monetary measure ...
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Wealth Concentration
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity. The distribution of wealth differs from the income distribution in that it looks at the economic distribution of ownership of the assets in a society, rather than the current income of members of that society. According to the International Association for Research in Income and Wealth, "the world distribution of wealth is much more unequal than that of income." For rankings regarding wealth, see list of countries by wealth equality or list of countries by wealth per adult. Definition of wealth Wealth of an individual is defined as net worth, expressed as: wealth = assets − liabilities A broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. For example, the United Nations definition of '' inclusive wealth'' is a monetary measure which ...
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