Mysore/Mysuru: Kalasuruchi has organised a two-day talk and interaction session on ‘Thomas Piketty and Economics’ by Prof. T.S. Venugopal at Suruchi Rangamane in Kuvempunagar here on Dec. 24 and 25 at 6.30 pm.
Thomas Piketty (born 7 May 1971) is a French economist who is Professor of Economics at the School for Advanced Studies in the Social Sciences, Associate Chair at the Paris School of Economics and Centennial Professor of Economics in the International Inequalities Institute at the London School of Economics.
Piketty’s work focuses on public economics, in particular income and wealth inequality.
He is the author of the best-selling book ‘Capital’ in the 21st 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.
Piketty proposes improving the education systems and considers diffusion of knowledge, diffusion of skills, diffusion of idea of productivity as the main mechanism that will lead to lower inequality.
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