Thomas Piketty’s new book ‘Capital In The 21st Century‘ has created a big impact; unusually also beyond the normal group of people involved in the policy process. As it stands this morning, Piketty’s book is the the bestselling book on amazon.com:
Yes, you saw correctly. Not Divergent or Game of Thrones but a 700 page book about the nature of capitalism and inequality. So what is it that makes the book so popular?
Paul Krugman on Thomas Piketty
Paul Krugman wrote a very recommended review of Piketty’s book in the New York Review of Books and also took part in a conversation about it on the Bill Moyers show. If you want to know the basics of Piketty’s argument read the review and watch the interview. Of course, if you really want to delve into the subject you should read the whole book. It is a seminal work and likely to significantly influence policy thinking on both sides of the Atlantic.