It has become a commonplace to say that we are living in a second Gilded Age - or, as Piketty likes to put it, a second Belle Époque - defined by the incredible rise of the “one percent.” But it has only become a commonplace thanks to Piketty’s work. Thomas Piketty, professor at the Paris School of Economics, isn’t a household name, although that may change with the English-language publication of his magnificent, sweeping meditation on inequality, Capital in the Twenty-First Century. The New York Review of Books, Review of “Capital in the Twenty-First Century”īy Thomas Piketty, translated from the French by Arthur Goldhammerīelknap Press/Harvard University Press, 685 pp., $39.95
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