Watch: A 92/Y "7 Days of Genius" video program featuring Nobel laureates Paul Krugman and Joseph Stiglitz and French economist Thomas Piketty who discuss the "genius of economics" with MSNBC's moderator Alex Wagner.
Thomas Piketty, Paul Krugman and Joseph Stiglitz: The Genius of Economics
Paul Krugman: “It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year—and maybe of the decade. Piketty, arguably the world’s leading expert on income and wealth inequality, does more than document the growing concentration of income in the hands of a small economic elite. He also makes a powerful case that we’re on the way back to ‘patrimonial capitalism,’ in which the commanding heights of the economy are dominated not just by wealth, but also by inherited wealth, in which birth matters more than effort and talent.”
