After compiling statistics from historical and recent tax records for france, great britain, and the united states. Capital in the twentyfirst century is a 20 book by french economist thomas piketty. Yerevan is the twelfth city to be designated world book capital after madrid 2001, alexandria 2002, new delhi 2003, antwerp 2004, montreal 2005, tu. Numerous arrangements are going to be organized in 2012 to celebrate this festive event, such as exhibitions, festivals devoted to poetry, literary evenings. Thomas pikettys capital in the twentyfirst century wikipedia. Thomas pikettys capital in the 21st century is arguably the most important popular economics book in recent memory. His book provided something people had waited for a new scientific theory about wealth and inequality. Review and critique of pikettys capital in the twenty. Thomas piketty s capital in the twentyfirst century is a monumental book that will influence economic analysis and perhaps policymaking in the years to come. It focuses on wealth and income inequality in europe and the united states since the 18th century. Paul masonthe observer 12014 thomas pikettys capital in the 21st century is arguably the most important popular economics book in recent memory.
Technical appendix of the book capital in the 21st century. In the way it is written and the importance of the questions it asks, it is a book the classic authors of economics could have written if they lived today and had access to the vast empirical material piketty and his colleagues collected. Technical appendix of the book capital in the 21 st. The capital yerevan was part of the araratian province. Despite centuries of prosecution by numerous invading empires, armenians managed. The proclamation of yerevan as the 2012 world book capital by unesco and the 500th anniversary of armenian book printing.
The distribution of world output, 1700 2012 figure 1. It was initially published in french as le capital au xxie siecle in august 20. Piketty, a professor at the paris school of economics, presents data going back more than a hundred years on income and wealth inequality in several developed countries. Yerevan, world book capital 2012 will bring together experts and professional from the region and all over the world and will serve as an impetus to promote publishing and raise awareness that books can serve as a medium which encourages cultural, political, social and economic development. Much of this research was done in collaboration with other scholars see the acknowledgements in the beginning of the book. A theory of optimal capital taxation, nber wp 2012. In 2012 we celebrate the announcing of yerevan as world book capital and the 500th anniversary of the first armenian printed book. Yanis varoufakis critiques thomas pikettys capital in the. In this smart talk video series, andrew mazzone and yanis varoufakis critique professor thomas pikettys latest book capital in the twentyfirst century. Piketty is the author of the bestselling book capital in the twentyfirst century 20, which emphasises the themes of. Technical appendix of the book capital in the 21st century thomas piketty. Thomas pikettys capital in the twentyfirst century delivered a well placed kick up the backside to complacent mainstream economics. The united nations educational, scientific and cultural organization unesco, the international association of.
Presently, thomas pikettys book capital in the twentyfirst century is being pas. Yerevan named world book capital in 2012 itartass april 23, 2012 monday 03. Capital in the twentyfirst century ladislau dowbor. Many programs will be organized to help instill the love of reading, reciting, writing and even learning how to publish and print books for children. In his introduction to this book, piketty states, when the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twentyfirst, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.
Yerevan was named the 2012 world book capital by unesco. Technical appendix of the book capital in the twenty. Yerevan is the twelfth city to be designated world book capital after madrid 2001. On 26 may 1919, the government passed a law to open the yerevan state university, which was located on the. At five books, read pikettys recommendations in the area of historical. The schedule of events for yerevan world book capital 2012 places a special emphasis on children and young adults as carriers of knowledge into the future. Capital in the twentyfirst century is based on fifteen years of research 199820 devoted essentially to understanding the historical dynamics of wealth and income. The city of yerevan armenia was named as the world book capital 2012 at the conclusion of the meeting of the selection committee, which. Today armenia celebrates two major book related events. Thomas pikettys book capital in the twentyfirst century has enjoyed great success, both among academics and the general public. At the time, yerevan received more than 75,000 refugees from western armenia, who escaped the massacres perpetrated by the ottoman turks during the armenian genocide. Ifla president ingrid parent speaking at the world book capital 2012 celebration in a festive celebration two days ago in armenia, ifla president ingrid parent witnessed the official hand over of the world book capital for the year 2012 to the city of yerevan armenia. Of 400 wealthiest americans in 1982, only one in ten remained on the list in 2012, and an increasing share of wealthiest people have not increased. Piketty, after years of research, brings us a major essay on.
It will take its place among other classics in the field that have survived changing theoretical and. The main driver of inequality returns on capital that exceed the rate of economic. The book is a masterpiece with over 600 pages, which discuss how globalization and economic development impact our lives, the economy, and the contemporary world. Yerevan was declared world book capital 2012 by unesco. In april 2012, piketty coauthored along with 42 colleagues an open letter in support of then socialist party. Armenia has a rich writing tradition which is considered as one of major factors behind the survival of the armenian people. Yerevan named world book capital, 2012 united nations. Thomas piketty is a french economist whose work focuses on wealth and income inequality. Capital in the twentyfirst century thomas piketty harvard. Thomas pikettys findings in this ambitious, original, rigorous work will. Capital in the twentyfirst century does all these things piketty has written a book that nobody interested in a defining issue of our era can afford to ignore. No economics book published in recent years has had as much impact as thomas piketty s capital in the 21st century. Yerevan world book capital 2012 travel armenia blog.
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