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DTEND:20161023T210000
UID:6a2a1012a61e1
DTSTAMP:20260611T113202
LOCATION:Sydney Opera House Bennelong Point Sydney 2000 NSW
DESCRIPTION:Before Pope Francis and Barack Obama declared inequality the defining issue of our time\, French economist Thomas Piketty exploded the bestseller lists with a 700-page book called Capital in the 21st Century. To say this intellectual tome had a major impact in economic circles is an understatement\, but when the English version was released it fed the furore of 'the 99 percent'\, whose situation was its central theme. Piketty's academic outline of the evolution of inequality unleashed worldwide public reaction.  His argument\, based on current and historical data\, is that wealth is becoming more important because now that the rate of return on capital is higher than the rate of economic growth. &nbsp\;When this happens\, the gap between rich and poor gets bigger. In the past century wars and depressions kept the value of capital in check\, but without disruption or intervention\, the concentration of wealth is likely to intensify. The inevitable result? Increasing inequality.&nbsp\;  Piketty's premiere talk at the Sydney Opera House will consider what this means for society\, and what social\, political and economic forces will shape our shared future.  Thomas Piketty will also be in conversation with Andrew Leigh.
Thomas Piketty is in Australia to present talks at the Sydney Opera House and Monash University.
Follow this link to register
URL;VALUE=URI:http://esansw.org.au/event/21715
SUMMARY:Thomas Piketty at Sydney Opera House
DTSTART:20161023T170000
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