CBR Expert Thomas Piketty

Policy makers trying to level the economic playing field need to understand the components of private wealth in order to establish taxes and rates that work as intended.

Examining the macroeconomic impact of America’s top earners.

Fifteen well-paying jobs that we think are likely to grow the most between now and 2024.

The gap between the wealthiest and poorest Chinese citizens has grown significantly over the past 40 years.

The top 1 percent of US adults now earns on average 81 times more than the bottom 50 percent of adults.

The labor share of output has declined over time, but so has the capital share.

The hypothesis that economic hardship breeds terrorists is at odds with data on where ISIS recruits tend to come from.

University of Chicago’s Becker Friedman Institute for Research in Economics brought Thomas Piketty of the Paris School of Economics, University of Wisconsin-Madison’s Steven Durlauf, and Chicago Booth’s Kevin M. Murphy together to discuss the factors and mechanisms driving income inequality in the US.