Thomas Piketty
| Thomas Piketty | |
|---|---|
Piketty in Chile, 2015
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| Born |
7 May 1971 Clichy, Hauts-de-Seine, France |
| Nationality | France |
| Institutions |
London School of Economics Paris School of Economics School for Advanced Studies in the Social Sciences Massachusetts Institute of Technology |
| Field | Public economics |
| Alma mater |
École Normale Supérieure London School of Economics School for Advanced Studies in the Social Sciences |
| Doctoral advisor |
Roger Guesnerie |
| Influences | Simon Kuznets, John Maynard Keynes |
| Awards |
Honorary Doctorate, University of Johannesburg (2015) Medalla Rectoral, Universidad de Chile (2015) Yrjö Jahnsson Award (2013) Prix du meilleur jeune économiste de France (2002) |
| Information at IDEAS / RePEc | |
Thomas Piketty (French: [tɔ.ma pi.kɛ.ti]; born on 7 May 1971) is a French economist who works on wealth and income inequality. He is a professor (directeur d'études) at the École des hautes études en sciences sociales (EHESS), associate chair at the Paris School of Economics and Centennial professor at the London School of Economics new International Inequalities Institute.
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. To address this problem Piketty proposes redistribution through a progressive global tax on wealth.
Piketty was born on 7 May 1971, in the Parisian suburb of Clichy, Hauts-de-Seine. His parents had been involved with a Trotskyist group and the May 1968 protests in Paris, but they had moved away from this political position before Piketty was born, and a visit to the Soviet Union in 1991 was enough to make him a firm "believe[r] in capitalism, private property, the market".
Piketty gained a C-stream (scientific) Baccalauréat, 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 his PhD for a thesis on wealth redistribution, which he wrote at the EHESS and the London School of Economics under Roger Guesnerie and winning the French Economics Association's award for the best thesis of the year.
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