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Income inequality #1
Last semester I followed a subject at my university regarding economics. It also focused on Thomas Pikkety and his work Capital in the 21st century. If you are not familiar with Piketty, I would suggest looking him up here on the economist (If you have a subsription).

Personally I do not believe that what he says is true. Especially his assumption that r > g seems flawed, since interest rates are at an all time low, and have been declining over the last years. Yet, a lot of organisations and istitutions such as the UN have used Pikkety's assumption and in their publications stating income inequality is growing world-wide and want to adress this by for instance taxing the wealthy more.

What do you guys think about this, is Piketty, toghether with other economists such as Emmanuel Saez and Gabriel Zucman, right? Or is income inequality stagnant as most economic papers suggest (especially once you account for redistribution through taxes).

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