Thomas Piketty

January 10, 2024
Economist

Quick Facts

Thomas Piketty
Full Name Thomas Piketty
Occupation Economist
Date Of Birth May 7, 1971(1971-05-07)
Age 53
Birthplace Clichy
Country France
Birth City Île-de-France
Horoscope Taurus

Thomas Piketty Biography

Name Thomas Piketty
Birthday May 7
Birth Year 1971
Place Of Birth Clichy
Home Town Île-de-France
Birth Country France
Birth Sign Taurus

Thomas Piketty is one of the most popular and richest Economist who was born on May 7, 1971 in Clichy, Île-de-France, France.

Piketty’s work has been discussed as a critical continuation of the pioneering work of Simon Kuznets in the 1950s. According to Kuznets, the long-term evolution of earnings inequalities was shaped as a curve (Kuznets curve). Growth started at the beginning of the industrial revolution, and slackened off later due to the reallocation of the labor force from low productivity sectors like agriculture to higher productivity sectors like industry.

Piketty was born 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”.

Thomas Piketty Net Worth

Net Worth $5 Million
Source Of Income Economist
House Living in own house.

Thomas Piketty is one of the richest Economist from France. According to our analysis, Wikipedia, Forbes & Business Insider, Thomas Piketty 's net worth $5 Million. (Last Update: December 11, 2023)

According to Piketty, the tendency observed by Kuznets in the early 1950s is not necessarily a product of deep economic forces (e.g. sectoral spillover or the effects of technological progress). Instead, estate values, rather than wage inequalities, decreased, and they did so for reasons that were not specifically economic (for example, the creation of income tax). Consequently, the decrease would not necessarily continue, and in fact, inequalities have grown sharply in the United States over the last thirty years, returning to their 1930s level.

Height, Weight & Body Measurements

Thomas Piketty height Not available right now. Tim weight Not Known & body measurements will update soon.

Who is Thomas Piketty Dating?

According to our records, Thomas Piketty is possibily single & has not been previously engaged. As of December 1, 2023, Thomas Piketty’s is not dating anyone.

Relationships Record : We have no records of past relationships for Thomas Piketty. You may help us to build the dating records for Thomas Piketty!

Piketty won the 2002 prize for the 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.

Facts & Trivia

Tim Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in France. Thomas Piketty celebrates birthday on May 7 of every year.

Thomas Piketty was the partner of the politician Aurélie Filippetti. In 2009, she sued him for domestic violence. Thomas Piketty acknowledged the complaint and apologized, following which Aurélie Filipetti withdrew her complaint.

What is Thomas Piketty theory?

The r – g theory Piketty argues that future declines in economic growth – stemming from slowdowns in technology or drops in population growth – will likely lead to dramatic concentrations of economic and political power through the accumulation of capital (or wealth) by the very richest.

Is Thomas Piketty against capitalism?

Its core thesis is that capitalism, if left untamed, suffers from a fundamental flaw and will inevitably lead to a growing concentration of economic power into the hands of those lucky enough to inherit large sums of wealth from their parents, a state Piketty calls “patrimonial capitalism.”

What is Thomas Piketty known for?

Thomas Piketty, (born May 7, 1971, Clichy, France), French economist who was best known for Le Capital au XXIe siècle (2013; Capital in the Twenty- first Century). Piketty was born to militant Trotskyite parents and was later politically affiliated with the French Socialist Party.

Is Piketty a Marxist?

Thomas Piketty is not a Marxist , but, like other European economists and some older American economists, he appears to have been engaged and influenced by Marx’s theories.

What is the main message of Piketty in his book Capital and ideology?

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.

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