Capital in the Twenty-First Century

The main driver of inequality--returns on capital that exceed the rate of economic growth--is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty's findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality. A _New York Times_ #1 Bestseller An Amazon #1 Bestseller A _Wall Street Journal_ #1 Bestseller A _USA Today_ Bestseller A _Sunday Times_ Bestseller A _Guardian_ Best Book of the 21st Century Winner of the _Financial Times_ and McKinsey Business Book of the Year Award Winner of the British Academy Medal Finalist, National Book Critics Circle Award “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.” —Paul Krugman, _New York Times_ “The book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat.” —_The Economist_ “Piketty’s _Capital in the Twenty-First Century_ is an intellectual tour de force, a triumph of economic history over the theoretical, mathematical modeling that has come to dominate the economics profession in recent years.” —Steven Pearlstein, _Washington Post_ “Piketty has written an extraordinarily important book…In its scale and sweep it brings us back to the founders of political economy.” —Martin Wolf, _Financial Times_ “A sweeping account of rising inequality…Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore.” —John Cassidy, _New Yorker_ “Stands a fair chance of becoming the most influential work of economics yet published in our young century. It is the most important study of inequality in over fifty years.” —Timothy Shenk, _The Nation_