Thomas Piketty

An example from Turkey for future capitalism

According to the World Economic Forum, the global economy is more than five times larger than it was half a century ago.

Global per capita GDP has more than doubled over the same period. The World Bank estimates that the share of the global population living in extreme poverty has fallen below 10 percent for the first time ever.

I show you the money

A reader asked me not to write about ?useless topics? such as summer book recommendations, the relationship between democracy and growth and the economics of weed or love- and ?show him the money? instead. As your friendly neighborhood economist, I am happy to oblige.

Turkey’s billionaires frighten top economist Piketty

Wealth inequality is particularly worrying for countries like Brazil, China or Turkey, which are home to more billionaires than Japan, says famous French economist Thomas Piketty Wealth inequality, capital flight, tax evasion and a lack of financial transparency are issues that are particularly worrying for countries like Turkey, Brazil and China, according to economist and author Thomas Piket