<p><b>A <i>Foreign Affairs</i> Best Book of the Year</b><br><br>“An intellectual excursion of a kind rarely offered by modern economics.”<br>—<i>Foreign Affairs</i><br><br>Thomas Piketty’s <i>Capital in the Twenty-First Century</i> is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty.<br><br>“A fantastic introduction to Piketty’s main argument in <i>Capital</i>, and to some of the main criticisms, including doubt that his key equation…showing that returns on capital grow faster than the economy—will hold true in the long run.”<br>—<i>Nature</i><br><br>“Piketty’s work…laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.”<br>—Justin Wolfers, University of Michigan</p>
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Heather Boushey is President and CEO of the Washington Center for Equitable Growth and former Chief Economist on Hillary Clinton's transition team. She is the author of Finding Time: The Economics of Work-Life Conflict and coeditor of After Piketty: The Agenda for Economics and Inequality (both from Harvard). The New York Times has called Boushey one of the "most vibrant voices in the field" and Politico twice named her one of the top 50 "thinkers, doers, and visionaries transforming American politics."
J. Bradford DeLong is Professor of Economics at the University of California, Berkeley.
Marshall Steinbaum is Fellow at the Roosevelt Institute, New York.
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