Why Save the Bankers?: And Other Essays on Our Economic and Political Crisis Paperback - 2017

From the rear cover

PRAISE FOR THOMAS PIKETTY

[Piketty s] influence runs deep. It has become a commonplace to say that we are living in a second Gilded Age or, as Piketty likes to put it, a second Belle Epoque defined by the incredible rise of the one percent. But it has only become a commonplace thanks to Piketty s work . . . The result has been a revolution in our understanding of long-term trends in inequality. Before this revolution, most discussion of economic disparity more or less ignored the very rich. Some economists (not to mention politicians) tried to shout down any mention of inequality at all . . . It therefore came as a revelation when Piketty and his colleagues showed that incomes of the now famous one percent, and of even narrower groups, are actually the big story in rising inequality. And this discovery came with a second revelation: talk of a second Gilded Age, which might have seemed like hyperbole, was nothing of the kind . . . Piketty has transformed our economic discourse. We ll never talk about wealth and inequality the same way we used to. Paul Krugman, New York Review of Books

Piketty s treatment of inequality is perfectly matched to its moment . . . [He] has emerged as a rock star of the policy-intellectual world . . . His work richly deserves all the attention it is receiving. Lawrence H. Summers, Democracy
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