Monday, June 2, 2014

Ryan Grim — Thomas Piketty On The Financial Times: 'This Particular Debate Is Over'

The problem, he said, is not his book -- it's reality. "People should be afraid more of the realities than with my book. My book is not the problem. The problem is rising inequality, the fact that top wealth holders have been rising three times faster than the size of the economy," he said, referencing the upper echelons of the Forbes 500 list, which he noted have seen their wealth rise thrice as fast as the economy has grown. "If the FT has a different ranking, they should publish it, but apparently they don't have it so, you know, they should stop." 
Piketty was joined in the interview by Massachusetts Democratic Senator Elizabeth Warren, who, HuffPost noted, has herself been the subject of rather pointed attacks from the financial industry. Asked how she would suggest Piketty respond to the critique, she had just two words of advice: "Hit back."
The Huffington Post
Thomas Piketty On The Financial Times: 'This Particular Debate Is Over'
Ryan Grim

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