Thursday, January 1, 2015

Piketty price declines – Telegraaf.nl

Piketty price declines – Telegraaf.nl

The famous French economist Thomas Piketty do not want high award of the the French state.

He said learning that he is a candidate to be included in the Legion of Honor, the highest
and most important French national award.

Yesterday he announced that distinction does not accept, because according to him it is not the role of government to decide who deserves honor.

Economic Growth

The government would do better to devote himself to the restoration of economic growth in France and Europe, says Piketty.

The leftist economist is famous and notorious with his book “Capital in the 21st Century” (2013) that especially in the United States became a bestseller.

Kloof rich and poor

Piketty argues in his 700-page pill that gap between rich and poor is widening because the ability of the rich grows faster and the growth of wages thereby remains. Politicians should intervene, he says, including by taxing powers heavier and lighter work, to prevent the differences between rich and poor even bigger

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