thomas piketty biography

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thomas piketty biography
thomas piketty biography

 

thomas piketty biography

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Thomas Piketty (born 7 May 1971) is a French economist, Professor of Economics at the School of Good Studies in the Social Sciences, Associate Chair and Centennial Professor at the Paris School of Economics. He is a teacher of economics at the Institute for International Equality at the London School of Economics.

Piketty’s work focuses on public economics, particularly income and wealth inequality. He is the author of the best-selling book Capital in the Twenty-First Century (2013).

Emphasizes the themes of his work on wealth concentration and distribution over the past 250 years. The book argues that the rate of capital return in developed countries consistently exceeds the economic growth rate, and this will increase wealth inequality in the future.

 

Piketty proposes reforms in education systems and considers the spread of knowledge, spread of skills, spread of the idea of productivity as the main tasks that will reduce inequality.

 

In 2019, his book Capital and Ideology was published, which focuses on income inequality in different societies throughout history.

 

His 2022 A Brief History of Equality is a very short book about wealth redistribution, aimed at a target audience of citizens rather than economists.

 

Early life and education

Piketty was born in Clichy, Hauts-de-Seine, a suburb of Paris. His parents were involved in Trotskyist groups and the May 1968 protests in Paris, but they had moved away from this political position before Piketty was born.

A visit to the Soviet Union in 1991 was enough to give him a “firm belief in capitalism, private property and the market”.

Piketty earned a C-stream (scientific) Baccalaureate, and after taking scientific preparatory classes, he entered the École Normale Supérieure (ENS) at the age of 18, where he studied mathematics and economics. At the age of 22, Piketty was awarded a PhD for a thesis on wealth redistribution, which he wrote at the London School of Economics (LSE) and EHESS under Roger Gusneri.

Won the French Economics Association Prize for Best Thesis. It was also at LSE that I first met Daron Acemoglu, who was also a PhD student at the time.

 


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After earning his PhD, Piketty taught as an assistant professor in the Department of Economics at the Massachusetts Institute of Technology from 1993 to 1995. In 1995, he joined the French National Center for Scientific Research (CNRS) as a researcher and in 2000 he became professor (Director d’Etudes) at EHESS.

 

Piketty won the 2002 award for best young economist in France, and according to a list dated 11 November 2003, he is a member of the scientific orientation board of the Association à gauche, en Europe, founded by Michel Rocard and Dominique Strauss-Kahn.

 

In 2006, Piketty became the first head of the Paris School of Economics, which he helped found. After a few months he left to work as an economic advisor to Socialist Party candidate Ségolène Royal during the French presidential campaign. Piketty resumed teaching at EHESS and the Paris School of Economics in 2007.

 

He is a columnist for the French newspaper Liberation and regularly writes op-eds for Le Monde.

In April 2012, Piketty, along with 42 colleagues, wrote an open letter in support of François Hollande, then Socialist Party candidate for French presidency. Hollande won the contest against incumbent Nicolas Sarkozy in May of that year.

 

 

In 2013, Piketty won the biennial Yrjö Jahnsson Prize for an economist under the age of 45 who “has contributed theoretical and applied research that is significant to the study of economics in Europe.”

 

In January 2015, he rejected the Order of the French Legion of Honor, saying that he refused the nomination because he did not think it was the role of the government to decide who is an honoree.

 

In September 2015, it was announced that he had been appointed to the British Labor Party’s Economic Advisory Committee, convened by Shadow Chancellor John McDonnell and reporting to Labor Party leader Jeremy Corbyn.

 

The appointment of Piketty, who had previously advised Lord Wood, a key policy adviser to former Labor Party leader Ed Miliband, that tax rates could be raised above 50% for incomes above one million pounds without impacting the economy.

 

His tremendous success in the mainstream publishing world was a particular coup for the Labor Party leadership. Commenting on this appointment, he said that he was delighted to partner with and assist the Labor Party in crafting economic policy that helps tackle some of the biggest issues facing people in the UK and that it would be a fantastic opportunity for the Labor Party. There was an opportunity. A fresh and new political economy, which will expose austerity for the failure it has been in Britain and Europe,

 

Reportedly failed to attend the first meeting. In June 2016, he resigned from his role on Labour’s Economic Advisory Committee, citing concerns over the party’s weak campaign in the EU referendum.

 

On 2 October 2015, Piketty received an honorary doctorate from the University of Johannesburg and on 3 October 2015, he delivered the 13th annual Nelson Mandela Lecture at the University of Johannesburg.

 

In 2015, Piketty was also elected an international member of the American Philosophical Society.

 

On 11 February 2017, it was announced that he had joined the campaign team of socialist Benoît Hamon in his presidential race. She took charge of EU affairs, and more precisely, the Fiscal Stability Pact (or TSCG), while Julia Kaage was responsible for the candidate’s economic and fiscal platform.

 

Piketty expressed his view that the TSCG should be renegotiated to introduce a Eurozone Assembly made up of members of EU parliaments – a “democratic government”, he said, compared to the current system which he described as “huis clos”. ” see as. A “private, in-camera discussion”, an arrangement made in a closed room). Such a change would currently require the unanimous approval of all EU members, and Piketty has suggested that a change to the rules may be necessary, saying that if representing 80% of the EU’s population or GDP If countries ratify a treaty, it must be so.

 

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