Debating Piketty’s Theory on How Wealth Begets Wealth, Widens the Economic Gap

Debating Piketty’s Theory on How Wealth Begets Wealth, Widens the Economic Gap

By PBS NewsHour
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In Capital, French economist Thomas Piketty explores how wealth and the income derived from it magnifies the problems of inequality. Gwen Ifill gets debate on his data and conclusions from Heather Boushey of Washington Center for Equitable Growth and Kevin Hassett of American Enterprise Institute.