Thomas Piketty

Rising Income Inequality May Threaten US Democratic Stability

Rising Income Inequality May Threaten US Democratic Stability

Last week, the World Inequality Lab released its first report based on the World Wealth and Income Database (WID). Constructed in part by famous economist Thomas Piketty, the report released at the Paris School of Economics. Titled World Inequality Report 2018, it detailed conditions of high economic inequality within U.S. society. Historically, both ancient and modern nations […]

Thomas Piketty Says Bill Gates Told Him He Doesn’t Want to Pay More Taxes, Maybe He Prefers To Buy The World

Thomas Piketty Says Bill Gates Told Him He Doesn’t Want to Pay More Taxes, Maybe He Prefers To Buy The World

According to Bloomberg News, French economist Thomas Piketty says that Bill Gates, the richest man in the world, told him he’doesn’t want to pay more taxes. This is not surprising. Why should Mr. Gates feel obligated to pay more taxes when the Bill & Melinda Gates Foundation gives billions each year to causes ranging from […]