Thomas Piketty @PikettyWIL
Compte officiel de Thomas Piketty, professeur @EHESS_fr & @PSEinfo, co-directeur https://t.co/lmi0pauKFs, https://t.co/MOOSh68Ieu, chroniqueur @lemondefr, https://t.co/1Gu8pDSB5f piketty.pse.ens.fr Joined October 2015-
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Very interesting piece by The Guardian on Gaston Nievas & Alice Sonado's research on the exorbitant privilege of rich countries theguardian.com/commentisfree/…
Very interesting piece by The Guardian on Gaston Nievas & Alice Sonado's research on the exorbitant privilege of rich countries theguardian.com/commentisfree/…
Bottom line: rich countries pretend to be in favour of fair & open markets, devlopment for all etc. but in practice the way financial markets are organized & regulated leads to an enormous income transfer from global South to global North, year after year & growing over time
Bottom line: rich countries pretend to be in favour of fair & open markets, devlopment for all etc. but in practice the way financial markets are organized & regulated leads to an enormous income transfer from global South to global North, year after year & growing over time
Should Ukrain join the EU? Yes, but on the condition to redefine the EU as a political community serving the rule of law and democratic pluralism, and to break away from the religion of free trade and competition as the solution to all problems lemonde.fr/blog/piketty/2…
L'Ukraine doit-elle rejoindre l'UE? Oui, mais à condition de redéfinir l’UE comme une communauté politique au service de l’état de droit et du pluralisme démocratique, et de sortir de la religion du libre-échange et de la concurrence comme solution à tous les problèmes…
When the German left was expropriating princes In the spring of 1924, the German left launched an uphill battle to redistribute the wealth of the Hohenzollerns. This episode illustrates the ability of elites to use the language of the law to perpetuate their privileges,…
Quand la gauche allemande expropriait les princes Au printemps 1924, la gauche allemande se lançait dans un combat difficile pour redistribuer les richesses des Hohenzollern. Cet épisode illustre la capacité des élites à utiliser le langage du droit pour perpétuer leurs…
Has the US exorbitant privilege become a rich world privilege? Rates of return & foreign assets from a global perspective 1970-2022 G Nievas & A Sodano Please read this great work: it contains key findings showing the need to rethink the governance of the global financial system
Has the US exorbitant privilege become a rich world privilege? Rates of return & foreign assets from a global perspective 1970-2022 G Nievas & A Sodano Please read this great work: it contains key findings showing the need to rethink the governance of the global financial system https://t.co/o085404B8V
Each year poor countries send 2⃣ - 3⃣% of their GDP to the rich world while they could be investing that amount in education, health or climate policies, found @gatonievas & @AliceSodano. ❗️It's time to overthrow this rich world privilege ▶️tinyurl.com/mryzeya7 #springmeetings
Little is known about the historical evolution of income #inequality in Eastern Europe. S. Nikolić, F. Novokmet, & @LaryszPiotr fill this gap with new estimates of long-term income inequality in Bulgaria and Czech Lands/Czechoslovakia in the XXcentury. ▶️tinyurl.com/2kpbpk4w
Building upon a new top-income methodology, @mig_artola and Victor Manuel Gómez-Blanco present new estimates of wage #inequality in the United States from 1918 to 1949 🇺🇸📉 Read the paper▶️wid.world/news-article/t…
@adrien_fabre analyzes progress on #SDG1 country by country🌐 👉Growth or internal redistribution alone won't end extreme #poverty by 2030. 👉As proposal for global #WealthTax gains momentum, this paper reaffirms need for international solidarity. Paper▶️tinyurl.com/mr23vhw4
"The 'Billionaire Raj' is now more unequal than the British colonial Raj." 1 month before #IndiaElections, @Nitin_K_Bharti @lucas_chancel @PikettyWIL @anmol_smnch publish a new paper on the long-run evolution of income and wealth inequality in India 🇮🇳 ▶️tinyurl.com/yz4h777s
India's elections are set for next month amidst soaring inequality. According to our latest paper, the top 1% income and wealth have reached their highest levels on record. Welcome to the Billionaire Raj.
Does the electoral bond data make you concerned about India's possible slide towards plutocracy? Well, we have more bad news for you. New @WIL_inequality WP with @Nitin_K_Bharti, @lucas_chancel & @PikettyWIL presents long-run income & wealth estimates for India:
Does the electoral bond data make you concerned about India's possible slide towards plutocracy? Well, we have more bad news for you. New @WIL_inequality WP with @Nitin_K_Bharti, @lucas_chancel & @PikettyWIL presents long-run income & wealth estimates for India:
Unstoppable rising economic inequality in India: Wealth: Top 1% own 40% of total wealth in 2023, up from 33% in 2014 and 27% in 2004 Income: Top 1% earn 23% of total income in 2022, up from 21% in 2014 and 18% in 2004
Unstoppable rising economic inequality in India: Wealth: Top 1% own 40% of total wealth in 2023, up from 33% in 2014 and 27% in 2004 Income: Top 1% earn 23% of total income in 2022, up from 21% in 2014 and 18% in 2004
🏆Bina Agarwal and James K. Boyce win first Global Inequality Research Awards! GiRA is delivered by @CRIS_SciencesPo & the WIL to recognize researchers who have made a significant contribution to the understanding of global inequalities. Read more👉tinyurl.com/yszkm82w
🌎70yrs of measuring income #inequality in #LatinAmerica 👉 Though exact levels remain elusive, studying inequality bands shows broad dynamic patterns. 👉Most countries followed an inverted U curve from the 1970s to 2010s. Check out more findings:▶️wid.world/news-article/s…
En France, on a réussi à inventer la ségrégation scolaire absolue, le tout organisé et financé par la puissance publique, en toute bonne conscience, et au nom de la "liberté d'enseignement", comme il se doit On s'y met quand pour changer les choses? lemonde.fr/societe/articl…
🔎Explora y descarga datos sobre la distribución del ingreso, de los impuestos, y de las transferencias en América Latina 🇦🇷🇧🇷🇨🇱🇨🇷🇨🇴🇪🇨🇲🇽🇵🇪🇸🇻🇺🇾 🔗distribuciones.info #InequalityData
Branko Milanovic @BrankoMilan
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50K Followers 670 Following L'EHESS soutient le développement des sciences humaines et sociales en favorisant la prise de risque intellectuelle et les démarches interdisciplinaires.World Inequality Lab .. @WIL_inequality
23K Followers 1K Following The open source for global #InequalityData, both within countries and between countries. #InequalityReportClément Martel @martelclem
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10.9M Followers 405 Following L'actualité de référence par la rédaction du Monde | Piloté par @hpagesy @gregorbrandy & @PBerhouet Nos comptes Twitter associés : https://t.co/oTLSxaY8TR🚀 Exciting news! Our WP with @gatonievas is out! 🔍 From the US exorbitant privilege to a rich world privilege. ➡️Urgent reforms needed for fairer international monetary and financial system. Read the paper below & the 🧵 by my amazing co-author here: tny.app/x15u84r3
Each year poor countries send 2⃣ - 3⃣% of their GDP to the rich world while they could be investing that amount in education, health or climate policies, found @gatonievas & @AliceSodano. ❗️It's time to overthrow this rich world privilege ▶️tinyurl.com/mryzeya7 #springmeetings
🧵Excited about our new WP w/ @AliceSodano! We explore the differential rates of return globally and find: 1⃣The US exorbitant privilege has expanded to the rich world 2⃣This translates in net income transfers from the poorest to the richest of 1% of the GDP of top 20% countries
Each year poor countries send 2⃣ - 3⃣% of their GDP to the rich world while they could be investing that amount in education, health or climate policies, found @gatonievas & @AliceSodano. ❗️It's time to overthrow this rich world privilege ▶️tinyurl.com/mryzeya7 #springmeetings
At our WIL internal seminar, @mjenmana unveils in his 📃 the rise of income #inequality in #Thailand since 1975, marking it as one of the most unequal nations in #Asia. For more findings on the evolution of inequality, check the 🧵
After Eloi Laurent and @lucas_chancel opened the 2024 Global Inequality Research Award conference, @mirna_safi presented the award to ⭐Bina Agarwal and ⭐James K. Boyce, and thanked them for their groundbreaking work in the field of social and environmental #inequality 👏
📸A snapshot of the 2024 Global #Inequality Research Award (GiRA) Conference and JIM BOYCE's lecture, organized at @sciencespo with @CRIS_SciencesPo👇 👋See you in 2025 for BINA AGARWAL’s lecture! Stay tuned for updates and subscribe to our newsletter: wid.world/wid-world-news…
New website reveals the magnitude of inequality in Latin America📊 Distribuciones.info allows interactive exploration of #InequalityData and cross-country comparisons: 🔸Pre-tax inequality 🔸Post-tax inequality 🔸Distribution of disposable income ▶️tinyurl.com/32upnj56
Explore more #InequalityData and trends in Latin America over the past decade👇👇👇 ⏩Visit Distribuciones.info (in spanish) ▶️Read the news (in english): wid.world/news-article/n…
🔎Explore the data and trends in inequality and political transformations in contemporary democracies🔻 ▶️wpid.world◀️ #InequalityData
📑WP alert! I am happy to start this year by seeing my historical research on #gender pay inequality in #Germany published as @WIL_inequality WP. For some key insights, mind the thread 👇
@ThereFeen provides the first time series of the gender earnings ratio for full-time employees in Germany since the 1870s🇩🇪📈 She compares the results with the US benchmark by the recent Nobel laureate, Claudia Goldin, and the Swedish case. ▶️tinyurl.com/murbp5sd ⬇️🧵(1/3)
While progress toward more equality tends to be slow, 2023 has also brought good news! ✊In 2024, we'll continue to produce research and #InequalityData for more social and environmental justice and we won't back down. 🙏Thanks WIL team and WID Fellows! wid.world/news/
The Inequality Transparency Index shows that no country in the world is fully transparent about the measurement of wealth and capital income inequality 👉wid.world/transparency
🔹The wealth of the 0.01% rose from less than 8% of total wealth in 1995 to nearly 12% today. 🔹The entry threshold of this group was €7,8mill(PPP) in 1995 and now €21,9mill. 🔹The gap between the top 0,01% and the bottom 50% is now 50% higher than what it was in 2008.
Today the top 10% own nearly ¾ of the world’s wealth, while half the world’s population is almost entirely deprived of wealth.
📰NEW PAPER | @Roberto__Iacono and @BSmedsvik analyze the behavioural responses spurred by a unique municipal wealth tax reform in Norway🇳🇴💸 ↪️wid.world/news-article/b…
👋from Penang 🇲🇾 Thanks everyone who made the last 2 days of the Conference on New Labor Regimes in #SoutheastAsia truly insightful! It was a great opportunity to present WIL's work with @mjenmana @Nitin_K_Bharti @ZhexunMO & Li Yang📸 @USMOfficial1969 @CNRS #InequalityData
📌Coming out NEXT WEEK: companion paper on the role of education in poverty reduction (accounting for up to 7⃣0⃣% of economic growth among the world's poorest 20%😮) 🎓@amorygethin #InequalityData wid.world
👎The bad news: people in poor countries continue to get public services of much lower quality compared to rich countries. Low-income countries spend less on public services and share them more unequally. More in the paper: wid.world/news-article/p… #InequalityData
👍The good news: there have been major improvements in public services received by the global poor 📈Between 1980 and 2019, the share of global GDP received by the world’s poorest 20% in the form of education, health care, and other public goods more than doubled #InequalityData
More in the paper! wid.world/wp-content/upl…
5b/ However, we do observe a positive correlation between redistribution and pretax inequality. This suggests that taxes and transfers could play a role in indirectly shaping the distribution of market incomes.