Pocket Piketty: An Explainer on the Biggest Economics Book of the Century
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We all know the book: itâ€™s been hailed as one of the most important documents on how the world economy works, or doesnâ€™t work, and itâ€™s been a colossal bestseller. But how many of us who bought or borrowed Thomas Pikettyâ€™s Capital in the Twenty-First Century have read more than a fraction of its 696 pages? How many of Pikettyâ€™s ground-shaking concepts have gone unappreciated for want of intellectual stamina? Deliverance is at hand in the form of Pocket Piketty, written in clear and accessible prose by an experienced economist and teacher whose work was relied on by Piketty for his masterpiece. In this handy and slim volume, Jesper Roine explains all things Piketty.
Jesper Roine is an expert on wealth and income inequality, as well as one of the researchers who has contributed to the World Top Incomes Database upon which Pikettyâ€™s research is based. He is an associate professor of Economics at SITE at the Stockholm School of Economics and has been published, extensively, on the topic of income and wealth inequality. Together with his colleague, Daniel WaldenstrÃ¶m at Uppsala University, he is responsible for the Swedish data on long-run income and wealth inequality used in Thomas Pikettyâ€™s Capital in the Twenty-First Century.