June 25, 2014
World Cup = Culture Clash?
Posted by
Thomas D. Zweifel
at
10:29
June 05, 2014
Piketty: The End of the American Dream?
Posted by
Thomas D. Zweifel
at
04:09
Non-US authors often go unnoticed in the United States. But Thomas Piketty, the French economist who wrote "Capital in the 21st Century" ("Le Capital au XXIe siècle") has become an economic superstar overnight, and his book an Amazon bestseller. His basic claim, that inequality in the United States has become so excessive that it endangers the superpower's economic foundation and vitality, not to speak of the American Dream, has hit like a bomb and rocked the US establishment; virtually unprecedented for an economist, and for a French author at that, ever since Alexis de Tocqueville wrote about America in the 19th century. But is Piketty right?
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