Human Capital in the 21st Century

January 2015
Milken Institute Review 17(1)

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I think it is fair to say that no French writer save Alexis de Tocqueville has been more influential in the United States than Thomas Piketty, director of studies at the elite Écoles des Hautes Études en Sciences Sociales in Paris and, most important here, author of Capital in the Twenty-First Century (Harvard University Press). Piketty’s magnum opus has succeeded in achieving its goal of provoking a serious public discussion about a shadow hanging over capitalism, the rise in economic inequality.